Hot Pursuit     05-Nov-15
JK Lakshmi Cement drops after reverse turnaround in Q2
JK Lakshmi Cement lost 3.04% to Rs 355.90 at 9:57 IST on BSE after the company reported net loss of Rs 14.95 crore in Q2 September 2015 compared with net profit of Rs 30.61 crore in Q2 September 2014.

The result was announced after market hours yesterday, 4 November 2015.

Meanwhile, the S&P BSE Sensex was down 104.22 points or 0.39% at 26,448.70.

On BSE, so far 6,766 shares were traded in the counter as against average daily volume of 5,634 shares in the past two weeks.

The stock hit a high of Rs 363.75 and a low of Rs 354.10 so far during the day. The stock had hit a 52-week low of Rs 301.95 on 12 June 2015. The stock had hit a record high of Rs 430 on 21 January 2015.

JK Lakshmi Cement's total income rose 13.57% to Rs 651.68 crore in Q2 September 2015 over Q2 September 2014.

JK Lakshmi Cement said that the profitability in Q2 September 2015 was adversely affected mainly due to additional burden of interest and depreciation on account of commissioning of first phase of the company's Greenfield cement plant at Durg in March 2015.

JK Lakshmi Cement said that the work on the company's two grinding units projects in Gujarat and Odisha are progressing satisfactorily.

JK Lakshmi Cement manufactures cement, which it sells under the brand name JK Lakshmi.

Previous News
  JK Lakshmi Cement
 ( Results - Analysis 03-Nov-23   05:06 )
  JK Lakshmi Cement consolidated net profit declines 40.11% in the March 2023 quarter
 ( Results - Announcements 20-May-23   07:31 )
  JK Lakshmi Cement
 ( Analyst Meet / AGM - Conference Call 28-Jul-23   18:44 )
  JK Lakshmi Cement
 ( Results - Analysis 28-Jul-23   06:24 )
  JK Lakshmi Cement receives upgrade in credit ratings
 ( Corporate News - 05-Jul-21   11:40 )
  Volumes soar at Welspun Corp Ltd counter
 ( Hot Pursuit - 20-May-22   14:30 )
  JK Lakshmi Cement schedules board meeting
 ( Corporate News - 31-Jan-23   11:13 )
  JK Lakshmi Cement to convene board meeting
 ( Corporate News - 23-Oct-21   10:41 )
  JK Lakshmi Cement to declare Quarterly Result
 ( Corporate News - 14-May-20   09:46 )
  JK Lakshmi Cement consolidated net profit declines 27.64% in the September 2022 quarter
 ( Results - Announcements 03-Nov-22   16:33 )
  JK Lakshmi Cement to convene board meeting
 ( Corporate News - 19-Oct-19   12:41 )
Other Stories
  LTImindtree Q1 PAT jumps 3% QoQ to Rs 1,135 crore in FY25
  17-Jul-24   17:33
  L&T Finance Q1 PAT climbs 29% YoY to Rs 686 crore
  17-Jul-24   17:26
  ICRA reaffirms ratings of Fine Organic Industries with 'stable' outlook
  17-Jul-24   16:41
  Asian Paints Q1 PAT drops 25% YoY to Rs 1,170 cr
  17-Jul-24   16:35
  TV18 Broadcast reports dismal Q1 numbers
  17-Jul-24   15:56
  Zee Ent board OKs to raise FCCBs via private placement; floor price at Rs 152.45/-
  17-Jul-24   15:03
  Alok Inds Q1 net loss narrows to Rs 207 cr in Q1
  17-Jul-24   14:36
  Jubilant Ingrevia Q1 PAT slides 15% YoY to Rs 48 cr in FY25
  17-Jul-24   13:49
  IOCL raises Rs 2,500 crore via debentures
  17-Jul-24   13:27
  CRISIL reaffirms ratings of Motherson Sumi Wiring with 'stable' outlook
  17-Jul-24   12:08
Back Top