JK Lakshmi Cement Q3 net profit dips 23% on lower margin; revenue up 6%

JK Lakshmi Cement reported a Q3 net profit of ₹57 crore, down 23% YoY, while revenue rose 6.3% to ₹1,588 crore and EBITDA increased 2.1%, with margins shrinking 12.9%. The company is expanding capacity with a ₹3,000-crore clinker and cement grinding project across Durg, Prayagraj, Madhubani, and Patratu, funded mainly through bank loans.

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