Strong revenue growth, but fuel cost surge impact margins JK Lakshmi Cement (JKLC) is part of JK group mainly focused in North, West and Eastern regions of India with a consolidated capacity of 12.5MT (FY17). JKLC reported a strong revenue growth of 24.8% for Q3FY18 aided by healthy growth in volumes at 15% YoY and 8% YoY growth in realisation. EBITDA grew by 14%YoY, however EBITDA margin declined by 100bps YoY to 11.3% due to steep increase in fuel and freight cost. JKLC commissioned 7.5MW WHR in Q3FY18 and is commissioning 20MW...