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Udaipur Cement Works Standalone Net Profit Declines 78.54%

Udaipur Cement Works Standalone Net Profit Declines 78.54%

BY Realty+
Published - Tuesday, 01 Nov, 2022
Udaipur Cement Works Standalone Net Profit Declines 78.54%

Udaipur Cement Works subsidiary of JK Lakshmi Cement Ltd having an annual turnover of about Rs 5100 crores during the financial year 2021-22. The company has an integrated cement manufacturing unit with an installed cement production capacity of 2.2mn tons per annum. 

The company has ingrained sustainable development as one of the key ethos of its daily activity led by the integrated sustainable development policy for its system structures. 

The company announced its financial result for the quarter ending on September 2022. The Net Sales at Rs 220.05 crore in September 2022 up 11.43% from Rs. 197.48 crores in September 2021. Quarterly Net Profit at Rs. 2.18 crore in September 2022 down 78.54% from Rs. 10.16 crore in September 2021.

EBITDA stands at Rs. 24.53 crores in September 2022 down 27.55% from Rs. 33.86 crores in September 2021. Udaipur Cement EPS has decreased to Rs. 0.07 in September 2022 from Rs. 0.33 in September 2021.

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