Low cost pet coke inventory drives margins Jk Lakshmi Cement's Q2FY17 result is not directly comparable due to adoption of new accounting standard (IND AS). Under IND AS the company has reported sales including excise duty i.e | 733.1 crore. After adjusting for excise duty, the company's revenues increased 1.5% YoY to | 655.6 crore (below I-direct estimate of | 767.6 crore)...