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News JK Lakshmi Cement reports strong start to financial year

JK Lakshmi Cement reports strong start to financial year

Written by Global Cement staff 07 August 2019
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India: JK Lakshmi Cement’s revenue rose by 9% year-on-year to US$160m in its first quarter to 30 June 2019 from US$147m in the same period in 2018. Notably, its expenses fell by 2% to US$146m due to decreasing logistics costs. Its net profit grew significantly to US$7.58m from US$0.44m. The cement producer also said that it had commissioned a 20MW captive power plant at its Durg cement plant in Chhattisgarh.

Published in Global Cement News
Tagged under
  • India
  • JK Lakshmi Cement
  • Results
  • GCW417
  • Plant
  • Upgrade
  • Power Plant
  • Chhattisgarh

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