JK Lakshmi Cement Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- JK Lakshmi Cement Ltd reported a 21.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 12.4%.
- Its expenses for the quarter were up by 12.2% QoQ and down 5.9% YoY.
- The net profit decreased 414.2% QoQ and decreased 59.7% YoY.
- The earnings per share (EPS) of JK Lakshmi Cement Ltd stood at 5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1505.87 | 1242.67 | 1719.54 | 21.2% | -12.4% |
Total Expenses | 1416.57 | 1263.01 | 1505.52 | 12.2% | -5.9% |
Profit Before Tax | 89.30 | -20.34 | 222.91 | -539.0% | -59.9% |
Tax | 26.55 | -9.40 | 72.83 | -382.4% | -63.5% |
Profit After Tax | 60.46 | -19.24 | 150.15 | -414.2% | -59.7% |
Earnings Per Share | 5.00 | -1.20 | 12.20 | -516.7% | -59.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
JK Lakshmi Cement Ltd is a prominent player in the Indian cement industry, renowned for its range of products including cement and concrete. The company operates within the construction and building materials sector, catering to both large-scale infrastructure projects and individual consumers. As a well-established entity, JK Lakshmi Cement has a significant presence in the domestic market with a network of production plants, dealers, and distributors. While specific recent developments are not detailed here, the company consistently aims to enhance its production capacity and market reach to cater to the growing demands of the construction industry.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), JK Lakshmi Cement Ltd reported a total income of ₹1505.87 crores. This represents a substantial quarter-over-quarter (QoQ) increase of 21.2% when compared to the ₹1242.67 crores earned in the second quarter of the same fiscal year (Q2FY25). However, on a year-over-year (YoY) basis, the total income saw a decline of 12.4% from ₹1719.54 crores in Q3FY24. This fluctuation in revenue indicates notable changes in the company's performance over the specified periods, reflecting the dynamic nature of the market and operational factors influencing the income.
Profitability
The profitability of JK Lakshmi Cement Ltd in Q3FY25 shows mixed results. The company recorded a profit before tax (PBT) of ₹89.30 crores, which is a significant improvement over the previous quarter's loss of ₹20.34 crores, marking a dramatic QoQ change of -539.0%. Nonetheless, this figure represents a substantial YoY decline of 59.9% compared to the ₹222.91 crores achieved in Q3FY24. The tax expenses for Q3FY25 amounted to ₹26.55 crores, contrasting with a tax benefit in Q2FY25 of ₹9.40 crores and the higher tax outlay of ₹72.83 crores in Q3FY24. Consequently, the profit after tax (PAT) for Q3FY25 stood at ₹60.46 crores, a recovery from the loss posted in Q2FY25, but still reflecting a YoY decrease of 59.7% from the prior year's third quarter. Earnings per Share (EPS) also followed a similar trend, improving from a negative value in Q2FY25 to ₹5.00 in Q3FY25, although down from ₹12.20 in Q3FY24.
Operating Metrics
The financial data for JK Lakshmi Cement Ltd in Q3FY25 highlights several key operating metrics. Total expenses for the quarter were ₹1416.57 crores, demonstrating a QoQ increase of 12.2% from ₹1263.01 crores in Q2FY25, yet a YoY reduction of 5.9% from ₹1505.52 crores in Q3FY24. This change indicates varying levels of operational efficiency and cost management across the periods examined. The company's ability to manage expenses effectively is a critical aspect of its operational strategy, influencing both its short-term and long-term financial health. The reported figures underline the complexity and challenges faced in maintaining profitability amidst fluctuating expenses.
