JK Lakshmi Cement Ltd. posted a surprise loss in the July–September period of fiscal 2025.
The cement manufacturer reported a loss of Rs 19.24 crore in the second quarter, according to an exchange filing on Wednesday. Analysts tracked by Bloomberg had set a consensus estimate of Rs 62 crore.
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JK Lakshmi Cement Q2 FY25 Highlights (Consolidated YoY)
Revenue down 21.6% to Rs 1,234.39 crore versus Rs 1,574.53 crore (Bloomberg estimate: Rs 1,367 crore).
Ebitda down 59% to Rs 89.36 crore versus Rs 217.26 crore (Estimate: Rs 159 crore).
Margin at 7.2% versus 13.8%. (Estimate: 11.7%).
Loss at Rs 19.24 crore versus Rs 95.87 crore (Estimate: Rs 62 crore).
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