JK Lakshmi Cement shows 28% net profit growth

India’s JK Lakshmi Cement has reported a 27.8 per cent YoY rise in net profit to INR432.5m (US$6.2m) in the final quarter of FY18-19, against INR338.4m in the corresponding period of the previous year. Total income of the company increased 28.8 per cent to INR11.89bn from INR9.23bn.

For the full-year period ended 31 March, the company saw a 5.2 per cent YoY fall in net profit to INR795.6m from INR839.6m. However, total income advanced 10 per cent to INR39.38bn from INR35.82bn.