JK Lakshmi Cement announced a consolidated net profit of Rs 157.01 crore for Q4 FY24, marking a 42.7% increase from the previous year and a 9.2% rise sequentially. However, consolidated revenue from operations dipped by 4.4% year-on-year to Rs 1,780.85 crore. Sequentially, revenue rose by 4.6%. The company acquired an 85% stake in Agrani Cement Private Limited during the quarter, leading to additional subsidiaries and mining rights. For FY24, net consolidated profit reached Rs 471.82 crore, up by 31.5%, with revenue from operations growing by 5.2%.
JK Lakshmi Cement Reports 42.7% Rise in Q4 Profit Despite Marginal Drop in Revenue
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