JK Lakshmi Cement Limited — Updates, 06-02-2025: Press Release

For the quarterly results, JK Lakshmi Cement reported a net profit of ₹59.64 crore for the October-December 2024 period, down from ₹124.06 crore in the same quarter last year, attributed to lower sales realizations. Revenue from operations was ₹1,373.29 crore, compared to ₹1,586.06 crore in the prior year, reflecting reduced sales volume of 22.48 lakh tonnes against 23.55 lakh tonnes.

For the nine-month period, net sales stood at ₹3,959.15 crore, down from ₹4,671.99 crore in the previous year, with a net profit of ₹223.49 crore compared to ₹281.97 crore. Consolidated figures were also affected, with a net profit of ₹60.46 crore on total sales of ₹1,496.83 crore for the quarter, and a nine-month total of ₹4,295.00 crore in sales.

The company is executing a Composite Scheme for the merger of subsidiaries to enhance shareholder value, pending regulatory approvals. They are also expanding their production capabilities with significant capital expenditures planned, aiming for long-term growth.

The outlook appears positive due to government infrastructure initiatives that could bolster demand for cement.