InvestorQ : How did J K Lakshmi Cements manage to post good profits in a tough quarter?
Dilmini Mercia made post

How did J K Lakshmi Cements manage to post good profits in a tough quarter?

Answer
image
Dhwani Mehta answered.
1 year ago
Follow

JK Lakshmi Cement more than doubled its PBT at Rs.131 crore for Mar-20 quarter. What was most gratifying was that the EBITIDA margins expanded from 12.63% to 21.11%. This can be attributed to the manufacturer’s efforts in improving the product mix, market optimisation, enhancing premium product sales, reducing logistic costs and improvement in plant efficiency. JK Lakshmi also benefited from softening of pet coke prices. The stock was up 11% in Thursday trading.

1 Views