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E-mail ID will not be published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

  • E-auction and eventual privatisation of coal industry are welcome steps

    The government’s decision to privatise the scam-ridden coal industry through a presidential ordinance will eventually end the monopoly of public sec

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

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Rajgopal Nidamboor

Synchronous balance is vital for one and all

Imagine that you are playing an electronic game, or actually ...

Shona Adhikari

When women to birds become a painter’s muses

This week the focus is on renowned artist Amitabha Banerjee, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture