India: JK Cement quarterly results

India: JK Cement quarterly results
08 August 2016

Compared to its performance in the corresponding quarter last year, JK Cement Ltd reported significant growth in both net profit and net sales.

The company reported a standalone net profit of INR608.5m (US$9.1m)for the quarter ended 30 June 2016, in comparison to just INR10.5m (US$157,275) last year according to a BSE filing made by JK Cement. The company’s net sales increased to INR8.87bn (US$132.8m).

JK Cement is the second-largest manufacturer of white cement in India, with a capacity of 600,000tpa.

Published under Cement News