JK Lakshmi Cement's net profit up 93.94% in Q3 FY24
Thu, Feb 8, 2024 9:47 PM

JK Lakshmi Cement's net profit up 93.94% in Q3 FY24

A Flip by Shubhangi Gupta
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JK Lakshmi Cement reported a 93.94% increase in net consolidated profit in the quarter ending in Dec 2023. Company's total income also saw a growth of 9.10%. The board declared an interim dividend of Rs 21 per share and approved raising funds up to Rs 2,500 crore for expansion and growth opportunities. The company achieved high capacity utilization and a subsidiary commissioned a new clinker line.

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