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.

RELATED ARTICLES

EDITORIAL OF THE DAY

  • Mental illness needs to be treated not dismissed as madness

    We’re all mad here.” So said the Cheshire cat to Alice (Alice in Wonderland, Lewis Carol). It’s a matter of perspective who we call mad.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

Amita Sharma

Sanskrit: a victim of academic schizophrenia

J Robert Oppenheimer, the father of the atomic bomb and ...

Zehra Naqvi

God save the child

Childhood is supposed to be the best phase in life. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture