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Jk Lakshmi Cement

JK Lakshmi Cement reports loss of Rs 19.24 cr in Q2, revenue down 2.2%

JK Lakshmi Cement has reported a consolidated net loss of Rs 19.24 crore for the second quarter ended September 30, 2024 on account of drop in sales realisation. The company had posted a profit of Rs 95.87 crore in the July-September period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKCL), a flagship company of JK Organization. Its revenue from operations was down 2.16 per cent at Rs 1,234.29 crore in the September quarter. It was at Rs 1,574.53 crore in the year-ago period. Total expenses of JKCL were at Rs 1,263.01 crore, down 1.27 per cent in the September quarter of FY25. JKCL's total income, which includes other income, was also down 2.17 per cent to Rs 1,242.67 crore. During the quarter, JKCL's sales volume declined 1.40 per cent to 18.66 lakh tonnes. "The profitability of the company for the quarter has been impacted due to a sharp drop in sales realisation in our primary markets," Chairperson & Managing Director Vinita Singhania said. The ..

JK Lakshmi Cement reports loss of Rs 19.24 cr in Q2, revenue down 2.2%
Updated On : 07 Nov 2024 | 11:11 AM IST

JK Lakshmi Cement tanks 4% after reporting net loss of Rs 19 cr in Q2

JK Lakshmi Cement's share price slumped 3.79 per cent at Rs 770 per share on the BSE in Thursday's intraday trade

JK Lakshmi Cement tanks 4% after reporting net loss of Rs 19 cr in Q2
Updated On : 07 Nov 2024 | 10:01 AM IST

JK Lakshmi Cement Q2 results: PAT slides 91% to Rs 7.54 cr on weak demand

The company's profit after tax fell to Rs 7.54 cror (about $894,500) for the quarter ended Sept. 30, from Rs 83.03 crore s a year ago

JK Lakshmi Cement Q2 results: PAT slides 91% to Rs 7.54 cr on weak demand
Updated On : 06 Nov 2024 | 7:19 PM IST

Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning

Q2 results today, November 6: Aadhar Housing Finance, Power Grid Corporation of India, and Jindal Steel & Power will be releasing their Q2FY25 results today

Q2 results today: Tata Steel, Apollo, JK Lakshmi among 97 to post earning
Updated On : 06 Nov 2024 | 10:32 AM IST

Navratri 2024: 5 largecap, midcap, smallcap stocks to buy for 10% upside

BDL, Siemens and Colgate Palmolive among 5 stocks that look favourably placed on the technical charts for short-term gains; check key support, resistance levels here.

Navratri 2024: 5 largecap, midcap, smallcap stocks to buy for 10% upside
Updated On : 01 Oct 2024 | 2:44 PM IST

JK Lakshmi Cement Q1 results: PAT doubles to Rs 156 cr on lower expenses

India's general elections, and an extreme summer season spanning the April-June period, restricted construction activities and hit sales volumes for cement makers

JK Lakshmi Cement Q1 results: PAT doubles to Rs 156 cr on lower expenses
Updated On : 31 Jul 2024 | 9:08 PM IST

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Recently, PNB has found a support level, forming a bottom around the Rs 114-116 range. This suggests that stock has likely reached a point where selling pressure is reducing & buyers are stepping in.

Jigar S Patel of Anand Rathi recommends buying these three stocks today
Updated On : 30 Jul 2024 | 6:34 AM IST

Jigar S Patel of Anand Rathi recommends buying these three stocks today

Over the past few weeks, Aether has shown a consistent uptrend by forming higher highs and higher lows, which is a positive indicator of its market performance

Jigar S Patel of Anand Rathi recommends buying these three stocks today
Updated On : 11 Jul 2024 | 6:48 AM IST

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year
Updated On : 24 May 2024 | 11:12 AM IST

IndiGo, HCLTech, JK Lakshmi Cement among nine stocks to track on May 24

On Thursday, US markets closed in the red as robust economic data dashed hopes for Federal Reserve rate cuts

IndiGo, HCLTech, JK Lakshmi Cement among nine stocks to track on May 24
Updated On : 24 May 2024 | 7:35 AM IST

JK Lakshmi Cement Q4FY24 results: Net profit rises 43% to Rs 157 crore

JK Lakshmi Cement Q4FY24 results: The company board recommended a final dividend of Rs 4.50 per share for the financial year 2023-24

JK Lakshmi Cement Q4FY24 results: Net profit rises 43% to Rs 157 crore
Updated On : 23 May 2024 | 6:47 PM IST

Breakout stocks: JK Lakshmi Cement, Karnataka Bank can zoom up to 8% ahead

There has been a breakout in Karnataka Bank from downward sloping trend line on the daily chart. Price breakout is accompanied by rising volumes, as per Vijay Rajani

Breakout stocks: JK Lakshmi Cement, Karnataka Bank can zoom up to 8% ahead
Updated On : 06 Mar 2024 | 7:11 AM IST

JK Lakshmi, Motherson Sumi can rally up to 19%, recommends HDFC Securities

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty is seen consolidating in the 22,075 - 22,297 trading band.

JK Lakshmi, Motherson Sumi can rally up to 19%, recommends HDFC Securities
Updated On : 28 Feb 2024 | 6:43 AM IST

Tech picks: JK Lakshmi, Castrol can rally up to 20%, says HDFC Securities

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has broken out from a consolidation phase and can rally towards 22,600-22,700.

Tech picks: JK Lakshmi, Castrol can rally up to 20%, says HDFC Securities
Updated On : 21 Feb 2024 | 6:36 AM IST

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs

Analysts believe cement demand would remain healthy aided by expedited pre-election government spend, continued focus of infrastructure development.

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs
Updated On : 09 Feb 2024 | 3:12 PM IST

JK Lakshmi Cement Q3 results: Profit jumps 69% to Rs 124 crore on demand

The company, the construction materials arm of JK Group, said net profit after tax rose to Rs 124 crore (around $15 mn) for the quarter ended Dec 31, from Rs 73.59 crore a year earlier

JK Lakshmi Cement Q3 results: Profit jumps 69% to Rs 124 crore on demand
Updated On : 08 Feb 2024 | 7:59 PM IST

Hit by regional factors, cement makers witness uneven volume growth in Q2

Dalmia Cement, a dominant player in the East Indian market attributed its lower growth volumes to the lingering impact of a failed strategy tried in the June-23 ended quarter

Hit by regional factors, cement makers witness uneven volume growth in Q2
Updated On : 12 Nov 2023 | 11:58 PM IST

JK Lakshmi Cement Q2 result: PAT increases by 55% to Rs 95.87 crore

JK Lakshmi Cement Ltd on Thursday reported a 55.15 per cent increase in consolidated profit after tax to Rs 95.87 crore in the second quarter ended September 30, 2023. The company posted a consolidated profit after tax of Rs 61.79 crore in the July-September quarter last fiscal, according to a regulatory filing from JK Lakshmi Cement Ltd. Its revenue from operations was up 14.63 per cent to Rs 1,574.53 crore compared to Rs 1,373.55 crore in the year-ago period. Total expenses of JK Lakshmi Cement was at Rs 1,447.52 crore, up 11.36 per cent. Shares of JK Lakshmi Cement Ltd on Thursday settled at Rs 674.30 on BSE, up 0.33 per cent from the previous close.

JK Lakshmi Cement Q2 result: PAT increases by 55% to Rs 95.87 crore
Updated On : 02 Nov 2023 | 10:55 PM IST

JK Lakshmi Cement's proposal to increase inter corporate limit rejected

Shareholders of JK Lakshmi Cement Ltd (JKLC) have rejected a special resolution for increasing inter corporate transaction limit to Rs 10,000 crore. The special resolution, which sought shareholders' approval for increasing the limit under section 186 of the Companies Act 2013 for making investments, giving loans, providing guarantees, etc - could get only 71.10 per cent of the total votes polled at the AGM held on August 24, 2023, said the scrutinizer's report uploaded by JKLC on stock exchanges. Although 28.90 per cent of the votes were polled against the proposal through video conferencing, the Companies Act mandates that a special resolution has to be passed by a super majority, which refers to at least 75 per cent of the members voting in favour of it. As the special resolution received less than the required votes of the total votes polled, it was rejected. The said proposal was opposed by proxy advisory firm IiAS who had recommended voting against the proposal. "The maximum

JK Lakshmi Cement's proposal to increase inter corporate limit rejected
Updated On : 28 Aug 2023 | 11:12 PM IST

Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement acquisition

Ambuja-ACC, JK Lakshmi Cement, and UltraTech are the top three cement players in Gujarat, the region from where Sanghi Cement generates a significant portion of its revenues

Ambuja-ACC and JK Lakshmi Cement lead race for Sanghi Cement acquisition
Updated On : 25 Jul 2023 | 12:50 PM IST