JK Cement's net profit fell by 22.52% to Rs 136.15 crore in the second quarter of FY25, with revenue also declining. Read more about the company's financial performance.
Photograph: Amit Dave/Reuters
New Delhi, Oct 26 (PTI) JK Cement Ltd on Saturday reported a 22.52 per cent decline in its consolidated net profit to Rs 136.15 crore for the second quarter ended September 2024.
The company had posted a profit of Rs 175.73 crore a year ago, according to a regulatory filing from JK Cement.
Its revenue from operations slipped 7 per cent to Rs 2,560.12 crore during the quarter under review. It was Rs 2,752.77 crore in the corresponding period of the previous fiscal.
JK Cement's total expenses rose marginally to Rs 2,545.25 crore in the September quarter.
The total income of JK Cement, which includes other income, declined 6.62 per cent to Rs 2,597.90 crore in Q2 FY25.
JK Cement has an installed Grey Cement capacity of 24 MTPA. It is one of the leading manufacturers of white cement, globally, with a total white cement capacity of 1.20 MTPA and wall putty capacity of 1.2MTPA.
Home » Market News » JK Cement Q2 Profit Down 22.5% to Rs 136 cr - News
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback