JK Lakshmi Cement reports loss of Rs 19.24 cr in Q2, revenue down 2.2%

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JK Lakshmi Cement has reported a consolidated net loss of Rs 19.24 crore for the second quarter ended September 30, 2024 on account of drop in sales realisation.

The company had posted a profit of Rs 95.87 crore in the July-September period a year ago, according to a regulatory filing from JK Lakshmi Cement Ltd (JKCL), a flagship company of JK Organization.

Total expenses of JKCL were at Rs 1,263.01 crore, down 1.27 per cent in the September quarter of FY25.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Revenue Q2 result JK Lakshmi revenue Profit Companies JK Lakshmi Cement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 11:11:51 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23457542

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