JK Cement Q2 Profit Down 22.5%

JK Cement Ltd reported a 22.52 per cent decline in its consolidated net profit to Rs 136.15 crore for the second quarter ended September 2024.

The company had posted a profit of Rs 175.73 crore a year ago, according to a regulatory filing from JK Cement. Its revenue from operations slipped 7 per cent to Rs 2,560.12 crore during the quarter under review. It was Rs 2,752.77 crore in the corresponding period of the previous fiscal.

JK Cement's total expenses rose marginally to Rs 2,545.25 crore in the September quarter.
The total income of JK Cement, which includes other income, declined 6.62 per cent to Rs 2,597.90 crore in Q2 FY25.

JK Cement has an installed Grey Cement capacity of 24 MTPA. It is one of the leading manufacturers of white cement, globally, with a total white cement capacity of 1.20 MTPA and wall putty capacity of 1.2MTPA.