JK Cements reports 58% fall in 2Q net profit

India-based JK Cements reported a 58 per cent fall in consolidated second-quarter net profit to US$2.09m.

However, its total standalone income rose by five per cent to US$133m for the three months ending 30 September 2015. The company's total expenses grew to US$122m from US$11.7m.

The company has an installed grey cement capacity of 10.5Mta.