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News JK Lakshmi improves power consumption as costs rises

JK Lakshmi improves power consumption as costs rises

Written by Global Cement staff 11 February 2019
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India: JK Lakshmi improved its fuel consumption to 702kCal/kg of clinker in the October – December 2018 quarter from 705kCal/kg of clinker in the same period in 2017. Its revenue rose by 3.5% year-on-year to US$380m in the nine months to 31 December 2018 from US$368m in the same period in 2017. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) fell by 8% to US$45.4m from US$49.4m. The company said that it had been ‘facing pressure’ from increased petcoke and diesel prices. It also said that a 20MW thermal power plant and its Orissa grinding plant project were on schedule and are expected to be commissioned by March 2019.

Last modified on 12 February 2019
Published in Global Cement News
Tagged under
  • India
  • JK Lakshmi Cement
  • Results
  • Fuel
  • petcoke
  • diesel
  • Power Plant
  • grinding plant
  • Odisha
  • GCW391

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