JK Cement Q3 net dips 79%

JK Cement today reported a 79 per cent decline in its third quarter net profit at Rs 11.21 crore on lower income.

The company, which has 7.5 million tonnes per annum grey cement making capacity, had clocked Rs 54.38 crore net profit in the corresponding quarter last fiscal, it said in a BSE filing.

Total income of the company declined to Rs 677.15 crore from Rs 688.08 crore a year earlier.

Total expanses, however, rose to Rs 634.37 crore from Rs 584.98 crore a year earlier. Freight costs went up to Rs 163.37 crore from Rs 141.51 crore a year earlier.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • For those who are left to survive a war-torn world, let there be peace

    The hunger games have begun, and they have started reaping our children. There is no way around it.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Shifting sands in the Far East

As was to be expected, Japanese prime minister Shinzo Abe ...

Zehra Naqvi

When humanity died, bestiality prevailed

The terrorist attack that killed 132 children in Peshawar has ...

Bubbles Sabharwal

Why self-esteem must be your best friend forever

Two negatives do make a positive! Imagine no doubts, no ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture