JK Cement net profit grew 30% to Rs 79 cr in April-June

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New Delhi: Nation’s main JK Cement on Saturday posted a 30.38 per cent increase in its standalone net profit to Rs 79.34 crore for the April-June quarter of the present fiscal, largely on account of superior revenue.

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JK Cement conveyed in a BSE filing that, its net profit in the first quarter of previous fiscal was Rs 60.85 crore.  Revenue from operations throughout the quarter under review stood at Rs 1,208.43 crore as next to Rs 1,039.80 crore in the year-before period grew 16.21 per cent.

Its total expenses throughout the April-June quarter (Q1) of 2017 -18 grew 15.26 per cent to Rs 1,123.77 crore, contrast to Rs 974.94 crore in the June quarter of 2016-17.

The organization is the second biggest maker of white bond in the nation, with a yearly limit of 6,00,000 tons, as indicated by its site. It likewise claims to be the second biggest maker of divider putty in the nation with a yearly introduced limit of 700,000 tons.

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