JK Cement net profit rises 67% to Rs 1.84 billion for Q1


JK Cement Ltd reported a 67% increase in its consolidated net profit, reaching Rs 1.84 billion for the first quarter ending June 2024. This compares to a profit of Rs 1.10 billon in the same period last year, as per a regulatory filing by the company.

Revenue from operations grew by 1.62%, totalling Rs 28.07 billion for the quarter, up from Rs 27.62 billion a year ago. Meanwhile, total expenses remained steady at Rs 25.79 billion.

The company?s total income rose by 2.07%, amounting to Rs 28.52 billion in Q1 FY25. (Source:ET)

Related Stories

JK Cement Acquires Majority Stake in Saifco Cement to Expand in J&K

Saifco has an annual turnover of around Rs 860 million.

DPIIT Partners with JK Cement to Boost Startups

Collaboration to offer resources for entrepreneurs.

DPIIT partners with JK Cement to support Product Startups

The collaboration aims to transform India into a global manufacturing.