JK LAKSHMI CEMENT LTD. - 500380 - Closure of Trading Window
Closure of Trading Window.29-12-2023
JK LAKSHMI CEMENT LTD. - 500380 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Issuance of Letter(s) of Confirmation.30-11-2023
JK LAKSHMI CEMENT LTD. - 500380 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation for Loss of Share Certificates.24-11-2023
Buy JK Lakshmi Cement; target of Rs 950 Sharekhan
Sharekhan is bullish on JK Lakshmi Cement has recommended buy rating on the stock with a target price of Rs 950 in its research report dated November 06, 2023.09-11-2023
JK LAKSHMI CEMENT LTD. - 500380 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Transcript of Conference Call07-11-2023
JK LAKSHMI CEMENT LTD. - 500380 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Recording of the Conference Call.06-11-2023
JK Lakshmi Cement shares zoom 6.7% as net profit grows 55% in Q2
Following the company's Q2FY24 performance brokerage firm, Antique Stock Broking maintained its 'buy' call on the stock and lifted its target price higher to 820 apiece from an earlier target price of 780 apiece.03-11-2023
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for JK Lakshmi Cement Ltd.
JK Lakshmi Cement announced Q2FY24 & H1FY24 results: Financial Performance 1. JK Lakshmi Cement Limited reported an increase in net sales by 12% in Q2FY24 compared to the same period last year. 2. The company's profit after tax (PAT) for Q2FY24 jumped 41% to Rs 83.03 crore. 3. The net debt to EBITDA ratio for Q2FY24 stood at 0.19, indicating a healthy financial position. 4. The company achieved a clinker capacity utilization of 100% in Q2FY24, showcasing efficient operations. 5. The company achieved a cement capacity utilization of 73% in Q2FY24. 6. JK Lakshmi Cement's consolidated net sales for H1FY24 reached Rs 3,304.78 crore, representing a growth of 14%. Operational Highlights and Sustainability: 1. JK Lakshmi Cement is implementing a project to enhance its Thermal Substitution Rate (TSR) from 4% to 16% as part of its green initiatives. 2. The company has tied up with a solar power source, increasing the share of renewable power at its Durg Cement Plant from 36% to 80%. 3. The company has undertaken a project to set up an additional cement grinding unit of 13.50 lakh tonnes per annum at its Surat Grinding Unit. 4. Udaipur Cement Works Limited, a subsidiary of JK Lakshmi Cement, successfully commissioned its second clinker line, doubling its clinker capacity to 3 million tonnes per annum. 5. JK Lakshmi Cement's Sirohi plant has been honored with multiple awards for its safety, health, and environmental initiatives. Capex: 1. The company has taken up the setting up of an additional cement grinding unit at its Surat plant. Commenting on the Results of the Company, Vinita Singhania, Vice Chairman & Managing Director (VC&MD;) of the Company said "The profitability of the Company improved on account of Higher Volume, Better Product & Sales Mix, and Reduction in Fuel Cost". Result PDF02-11-2023