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Cost savings helped cushion weak cement prices: JK Lakshmi

Shaildendra Chouksey, Whloetime Director, JK Lakshmi Cement is hopeful that things should start looking up in a quarter or two's time.

JK Lakshmi Cement posts Q1 net loss of Rs 23.48 cr

Total standalone income of the company fell by 2 percent to Rs 590.75 crore in the first quarter of the current fiscal, from Rs 600.42 crore in the same quarter of 2014-15 due to lack of demand.

JK Lakshmi Cement partners Snapdeal to sell products online

Cement manufacturer JK Lakshmi Cement on Friday said it has tied up with Snapdeal to offer its entire product range online.

JK Lakshmi's Q3 net up 31%

The company, which has over nine million tonnes per annum cement-making capacity, had clocked Rs 14.09 crore net profit in the same quarter last fiscal, it said in a release.

See total cement capacity at 10 mt by FY15-end: JK Lakshmi

The company is confident of upping the total capacity from current 5 million tones to 10 million tones (mt) by end of FY15, said Shailendra Chouksey, Wholetime Director, Jk Lakshmi Cement.

See uptick in demand, prices; 14% FY14 margins: JK Lakshmi

Shailendra Chouksey, Wholetime Director, JK Lakshmi Cement spoke about cement sector and cement prices in an interview to CNBC-TV18.

JK Lakshmi likely to hike cement price by Rs 10-15 per bag

Cement industry has been battling tough conditions since past couple of months due to hike in diesel and fuel prices which may lead to a hike of around Rs 10-15 per bag shortly, says Shailendra Chouksey.

Blame slowdown in infra activities for weak Q1: JK Lakshmi

Due to scheduled election in next 15 months, cement demand has slowed down around 30 percent due to no infra and construction activities

JK Lakshmi Cement Apr-Jun net down 69% to Rs 16cr

Cement production of the company was down to 11.5 lakh tonnes during the quarter because of subdued demand in the country's Northern and Western parts where JK Lakshmi Cement mainly operates. Realisation was down due to lower price of the building material.

Monsoon hit sales; see 6% demand growth in FY14: JK Lakshmi

Shailendra Chouksey, wholetime director, JK Lakshmi Cement says the company can grow 5.5-6 percent in FY14.

Will pass on rail freight hike to buyers: JK Lakshmi Cement

However, Shailendra Chouksey, Wholetime Director, JK Lakshmi Cement expects spurt in construction activity due to upcoming elections in various states in the next one year.

Polls to drive cement demand towards bumper yr: JK Lakshmi

Amid concerns pertaining to rising raw-material and transport costs, factors such as better demand and improved pricing seem to have cheered the cement sector.

Margin may decline in Q3: JK Lakshmi Cement

According to Shailendra Chouksey, wholetime director of JK Lakshmi Cement, in the first half, operating margin was about 23 percent.

Plan to hike capacity to 10mt by end of next yr: JK Lakshmi

Speaking to CNBC-TV18, Shailendra Chouksey, wholetime director, JK Lakshmi said that their current capacity is 4.8 million tonne. The company is working on several projects to boost capacity.

Expect 8-10% growth in dispatches in Q4 FY11: JK Lakshmi

Shailendra Chouksey, Wholetime Director of JK Lakshmi Cement says that the worst in terms of margins is over. “The sales volumes were affected due to non-seasonal rains in November. The company expects a 8%-10% growth in dispatches in Q4FY11,” says Chouksey.