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News JK Lakshmi Cement’s profit drops despite constant sales in third quarter of 2022 financial year

JK Lakshmi Cement’s profit drops despite constant sales in third quarter of 2022 financial year

Written by Global Cement Staff 03 February 2022
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India: JK Lakshmi Cement recorded revenues of US$159m in the third quarter of its 2022 financial year, consistent with third-quarter levels in the 2021 financial year. Despite this, the company’s net profit declined by 42% year-on-year to US$7.91m from US$13.7m. Its operating costs grew by 4.6% to US$140m during the quarter.

Last modified on 09 February 2022
Published in Global Cement News
Tagged under
  • India
  • JK Lakshmi Cement
  • Results
  • costs
  • GCW543
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