India: JK Lakshmi Cement has reported that its total income for the financial year that ended on 31 March 2016 rose by 14.8% year-on-year to US$398m from US$347m in the same period in the previous year. However, its net profit fell by 93% to US$9.3m from US$14.2m. For the fourth quarter of its financial year, the Indian cement producer reported that its net profit grew nearly eight times to US$7.2m from US$0.9m.
JK Lakshmi Cement profit falls 93% to US$9.3m in 2015 – 2016 financial year
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