Moneycontrol PRO
Upcoming Webinar:Moneycontrol Pro in association with Quants League Sep'21 Edition brings to you to 5-Days Live Algorithmic Options Trading Virtual Conference. Register Now!

JK Cement Q2 net profit jumps almost 3-fold to Rs 221.55 crore

Total expenses rose 11.53 percent to Rs 1,338.93 crore from Rs 1,200.41 crore in the year-ago quarter.

November 09, 2020 / 09:10 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

JK Cement Ltd on November 9 reported almost three-fold jump in consolidated net profit at Rs 221.55 crore for the second quarter ended September 2020.

The company had posted a net profit of Rs 79.50 crore in July-September period a year ago, JK Cement said in a regulatory filing. Its revenue from operations rose 24.04 percent to Rs 1,634.39 crore during the quarter under review from Rs 1,317.63 crore in the year-ago period.

Total expenses rose 11.53 percent to Rs 1,338.93 crore from Rs 1,200.41 crore in the year-ago quarter. "With gradual resumption of overall economic activities, operations of the Group have started moving towards normalcy," JK Cement said, adding that the situation is still evolving.

Shares of JK Cement on Monday settled 1.62 percent higher at Rs 1,906.20 on the BSE.
PTI
first published: Nov 9, 2020 09:10 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark