The Q1 result was announced after market hours yesterday, 11 August 2015.

Meanwhile, the S&P BSE Sensex was down 75.51 points or 0.27% at 27,790.58.

On BSE, so far 28,000 shares were traded in the counter as against average daily volume of 11,971 shares in the past one quarter.

The stock hit a high of Rs 345 and a low of Rs 328.45 so far during the day. The stock had hit a 52-week low of Rs 258.90 on 13 August 2014. The stock had hit a record high of Rs 430 on 21 January 2015.

The stock had outperformed the market over the past one month till 11 August 2015, surging 7.97% compared with the Sensex's 0.74% rise. The scrip had also outperformed the market in past one quarter, advancing 2.78% as against Sensex's 1.3% rise.

The mid-cap company has equity capital of Rs 58.84 crore. Face value per share is Rs 5.

JK Lakshmi Cement's gross sales declined 0.88% to Rs 663.03 crore in Q1 June 2015 over Q1 June 2014, despite a healthy increase in volume due to subdued market conditions.

There was an exceptional expenditure of Rs 5.45 crore in Q1 June 2015 incurred on stabilisation of the company's Green field plant at Durg.

JK Lakshmi Cement said it continues its focus on reduction of cost. The work on company's two split location plants is progressing satisfactorily, JK Lakshmi Cement said. Gujarat's second grinding unit is expected to come into stream by the end of the current financial year, it added. The work at Udaipur unit, the subsidiary company, is also progressing well, JK Lakshmi Cement said in a statement.

JK Lakshmi Cement manufactures cement, which it sells under the brand name JK Lakshmi.