Corporate News     23-Feb-15
JK Lakshmi Cement gets ratings upgrade for Bank borrowings & proposed NCD issue
From CARE
JK Lakshmi Cement announced that based on the consistent good Operating & Financial performance together with strong key financial ratios and a healthy Balance Sheet, Credit Analysis & Research (CARE) has upgraded the rating for the Company's Long Term Banking facilities as well as the existing and the proposed NCD Issue of Rs. 200 crore from the earlier assigned rating of AA- (Double A Minus) to AA (Double A).

The rating for Short Term Bank Borrowings of Rs. 350 crore and Commercial Paper Program of Rs. 120 crore continues to be highest possible rating of CARE A1+ (A One Plus).

Previous News
  JK Lakshmi Cement standalone net profit rises 25.80% in the March 2022 quarter
 ( Results - Announcements 18-May-22   17:06 )
  JK Lakshmi Cement consolidated net profit declines 5.82% in the September 2021 quarter
 ( Results - Announcements 30-Oct-21   08:00 )
  JK Lakshmi Cement consolidated net profit rises 20.16% in the March 2022 quarter
 ( Results - Announcements 18-May-22   17:35 )
  Board of JK Lakshmi Cement recommends final dividend
 ( Corporate News - 18-May-22   17:06 )
  JK Lakshmi Cement consolidated net profit rises 452.74% in the December 2019 quarter
 ( Results - Announcements 29-Jan-20   14:40 )
  JK Lakshmi Cement to convene AGM
 ( Corporate News - 06-Aug-20   12:55 )
  JK Lakshmi Cement schedules board meeting
 ( Corporate News - 31-Jan-23   11:13 )
  JK Lakshmi Cement reports standalone net profit of Rs 7.60 crore in the December 2016 quarter
 ( Results - Announcements 03-Feb-17   18:04 )
  JK Lakshmi Cement standalone net profit rises 71.71% in the December 2018 quarter
 ( Results - Announcements 09-Feb-19   17:24 )
  JK Lakshmi Cement standalone net profit rises 27.81% in the March 2019 quarter
 ( Results - Announcements 23-May-19   15:56 )
  Volumes soar at IFB Industries Ltd counter
 ( Hot Pursuit - 03-Oct-18   11:00 )
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