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News 2022 financial year brings increased sales and profit for JK Lakshmi Cement

2022 financial year brings increased sales and profit for JK Lakshmi Cement

Written by Global Cement staff 19 May 2022
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India: JK Lakshmi Cement’s full-year consolidated sales were US$697m in its 2022 financial year, up by 14.6% year-on-year from US$608m in the 2021 financial year. The group’s net profit was US$61.5m, up by 13.4% from US$54.2m.

The producer said "Despite unabated increases in petcoke and diesel prices, which are hovering at all-time high, JK Lakshmi Cement was able to achieve healthy profitability through continuous improvements in operational efficiencies, energy costs, better product mixes and higher volumes."

Last modified on 25 May 2022
Published in Global Cement News
Tagged under
  • India
  • JK Lakshmi Cement
  • Results
  • petcoke
  • diesel
  • costs
  • efficiency
  • Electricity
  • volumes
  • GCW558
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