JK Lakshmi Cement Q3 results: Net profit declines 59.7% to Rs 60.5 cr

Q: How long will it take to read this news story?

The story "JK Lakshmi Cement Q3 results: Net profit declines 59.7% to Rs 60.5 cr" has 435 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "JK Lakshmi Cement Q3 results: Net profit declines 59.7% to Rs 60.5 cr" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 301 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25928451</li><li>URL: https://chronographically.beamstart.com/news/jk-lakshmi-cement-q3-results-17388492392559</li></ul>

Business Standard Logo Business Standard 6h ago

JK Lakshmi Cement Q3 results: Net profit declines 59.7% to Rs 60.5 cr - Business Standard

Quick Summary:

JK Lakshmi Cement Ltd on Thursday reported a 59.7 per cent decline in consolidated net profit to Rs 60.46 crore for the December quarter on account of lower sales realisation.

JK Lakshmi Cement Chairperson & Managing Director Vinita Singhania said, "The profitability of the company for the quarter has been impacted due to lower sales realisation in our primary markets".

The company had posted a profit of Rs 150.15 crore in the year-ago period, according to a regulatory filing from JK Lakshmi Cement Ltd (JKCL) -- a flagship company of JK Organization.