News: JK Lashmi Cement’s margin improved sequentially by 618 bps to 18.4%. Sales were up 13.3% YoY, 25.5% QoQ to Rs.1497.6 crore on resumption of business post end of transporters strike in Chhattisgarh
Views: In our view, higher sales volumes and usage of low cost fuel inventories along with sharp cut in other expenses have led to better-than-expected results during Q4FY22 with the company reporting over 18% operating margin
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