Cement News tagged under: JK Cement

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JK Cement records net profit of INR1248m

14 November 2022, Published under Cement News

JK Cement has reported that its standalone net profit declined by 26.1 per cent to INR1248m (US$15.5m) in the 2QFY22-23. This is against INR1688m in the year-ago period, the company said in a regulatory filing. The revenue from operations during the declined by 16.7 per cent during the period. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) was down by 9.8 per cent at INR2967m  from INR3290m in the year ago period. The company has also approved an expansion p...

JK Cement sees 33% increase in revenue

19 August 2022, Published under Cement News

India’s JK Cement has reported revenue from operations of INR21,664m (US$271.5m) in the quarter ended 30 June 2022. This compares to INR16,336m in the same period a year earlier.  Net profit over the same period has fallen from INR2082.6m to INR1811.4m. Total expenses in the quarter ended 30 June 2022 came in at INR19,179m, versus INR13,557m in the comparable period in 2021, with power and fuel expenses rising from INR2994m to INR4856m. The company’s operating margin in the quarter e...

JK Cement 4Q net profit advances 36%

23 May 2022, Published under Cement News

Indian cement producer JK Cement reported a standalone net profit of INR862.6m (US$11.1m) for the quarter ended 31 March 2022, representing an increase of 36.2 per cent when compared with the 1Q21 when net profit reached INR633.4m. Net revenue increased 10.6 per cent to INR22.689bn in January-March 2022 ffrom INR20.525bn in the year-ago period. However, operating expenses were up 16.9 per cent tYOY to INR18.863bn from INR16.338bn in the 4Q21. The company’s operating profit slipped by...

JK Cement commissions capacity upgrade at Nimbahera works

30 September 2021, Published under Cement News

India's JK Cement has completed a capacity upgrade project at its Nimbahera works in Chittorgarh, Rajasthan. The clinker capacity of Line 3 has been increased to 6500tpd from 5000tpd, with the works completed and commissioned yesterday.

JK Cement plans 23Mta expansion by end of 2023

03 September 2021, Published under Cement News

JK Cement intends increase production capacity to about 23Mta in the next two years, from 15Mta now, by expanding its footprints in northern and central India. "We will maintain and grow our market share in the short term. Apart from the ongoing expansion in Panna, and now in Hamirpur, we already have plans for another 4Mt expansion," said Madhav Krishna Singhania, JK Cement’s CEO. "We have visibility of reaching around 23Mta by 2023." The company will be expanding its footprint in ...

JK Cement sees surge in consolidated net profit

16 August 2021, Published under Cement News

India’s JK Cement Ltd has reported a 282 per cent surge in consolidated net profit to INR1.9bn (US$25.61m) for the quarter ending 30 June 2021, compared with INR499.4m in the year-ago period. Revenue from operations was also up 70.6 per cent YoY to INR17.14bn from INR10.05bn. Overall cement volumes climbed 71 per cent YoY to 3.02Mt, with grey cement (including clinker) at 2.76Mt.

JK Cement launches new brand identity

06 July 2021, Published under Cement News

JK Cement has launched a contemporary and forward-looking corporate brand identity. The new avatar of JK Cement was officially unveiled at a virtual event by Dr Raghavpat Singhania, managing director, JK Cement, Madhavrishna Singhania, deputy managing director and chief executive officer, JK Cement, and  AK Saraogi, deputy managing director and chief finance officer, JK Cement. "Our new corporate identity is inspired by Shri Yadupati Singhaniaji’s vision, values and legacy. It is his v...

JK Cement aims for 10% revenue growth in FY22

05 July 2021, Published under Cement News

India’s JK Cement is targeting up to 10 per cent revenue growth in the FY21-22, due to a push for more infrastructure projects and pent-up demand, according to The Mint. Alongside these growth projections, the company is looking to complete its Panna expansion project in 2022, which was delayed due to the pandemic. The project is expected to take the company to a capacity of 20Mta, with further expansions planned to take it to 25Mta over the next five years.

JK Cement reports 39% rise in revenue

14 June 2021, Published under Cement News

India’s JK Cement has reported a standalone net profit of INR633.4m (US$8.65m) for the quarter ending 31 March 2021, compared to INR2.3m in the year-ago period. Net revenue also advanced 38.9 per cent YoY to INR20.52bn from INR14.77bn in the 4QFY19-20. The company’s operating profit reached INR4.39bn, up 26.8 per cent from INR3.46bn in the same period of the previous fiscal.

JK White Cement’s journey of continual improvement

06 April 2021, Published under Cement News

Producing white clinker and white cement requires the right raw materials, proper homogenisation, the right fuel and optimal plant process conditions. The JK White Cement plant in Gotan, India, is committed to maintaining stringent quality parameters batch after batch thanks to its journey of continual improvement. By Niranjan Mishra, JK White Cement, India. JK White Cement plant, Gotan, India JK White Cement, a division of JK Cement Ltd, enjoys a presence in India and is the co...