Monday, 27 January 2014

JK Cement reports 79% fall in Q3 net profit

JK Cement has reported results for third quarter ended December 31, 2013.

The company has reported 79.38% fall in its net profit at Rs 11.21 crore for the quarter as compared to Rs 54.38 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 1.58% at Rs 677.15 crore for quarter under review as compared to Rs 688.08 crore for the quarter ended December 31, 2012.

JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.

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