JK Lakshmi Cement Ltd. Announces Strong Q1 Financial Results and Strategic Expansion Plans

JK Lakshmi Cement Ltd. (JKLC), a leading player in the Indian cement industry, reported its Q1 Financial Results for FY 2025. Key highlights include robust financial performance and expansive growth strategies. The company's Board approved a Composite Scheme of Arrangement for subsidiary mergers and significant capex initiatives in Sirohi, Surat, and Durg.


Devdiscourse News Desk | New Delhi | Updated: 01-08-2024 11:00 IST | Created: 01-08-2024 11:00 IST
JK Lakshmi Cement Ltd. Announces Strong Q1 Financial Results and Strategic Expansion Plans
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JK Lakshmi Cement Ltd. (JKLC) has released its Financial Results for the First Quarter of Financial Year 2025, showcasing impressive gains. Significant metrics include a net sales figure of Rs. 1444.52 Crores, with PBIDT at Rs. 276.73 Crores and PAT reaching Rs. 156.31 Crores.

In a strategic move to consolidate operations, JKLC's Board approved the merger of its subsidiaries—a decision aimed at enhancing stakeholder value. Chairperson & Managing Director Vinita Singhania stated, 'the Consolidation of fragmented Cement capacities into a Single Business Focused Listed Entity shall result in Enhancement of Value for all the Stakeholders.'

The company is also making sizable capital expenditures to expand its clinker and cement grinding capacities at various plants, including an extensive Rs. 2500 Crores project at its Durg facility. Alongside these expansions, JKLC is enhancing its sustainability efforts by boosting turn signals ratio at Sirohi Cement Plant.

(With inputs from agencies.)

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