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

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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

URL: https://globalcement.com/news/item/13635-jk-lakshmi-cement-s-profit-drops-despite-constant-sales-in-third-quarter-of-2022-financial-year

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