JK Lakshmi Cement Wednesday reported a 27.80 per cent increase in standalone net profit at Rs 43.25 crore for the quarter ended March 2019.
The company had reported a net profit of Rs 33.84 crore in January-March quarter last year, JK Lakshmi Cement said in a BSE filing.
Total income during the quarter under review rose 28.78 per cent to Rs 1,189.06 crore from Rs 923.32 crore in the corresponding period last year.
Total expenses during March quarter rose 27.21 per cent to Rs 1,131.66 crore from Rs 889.57 crore last year.
For the entire 2018-19, JK Lakshmi Cement's net profit stood at Rs 79.56 crore, down 5.24 per cent from Rs 83.96 crore last year.
Total income rose 9.94 per cent to Rs 3,938.60 crore in 2018-19 from Rs 3,582.29 crore last year.
Meanwhile, in a separate filing, the company informed the BSE that its board has recommended a dividend of Rs 0.75 per equity share of Rs 5 each for 2018-19.
Shares of JK Lakshmi Cement Wednesday closed at Rs 371.80 on the BSE, up 1.65 per cent from its previous close.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app