JK Cement Ltd Reports 67% Surge in Q1 Net Profit
JK Cement Ltd reported a significant 67% increase in its consolidated net profit, reaching Rs 184.82 crore for the first quarter ended June 2024. This compares to Rs 110.73 crore in the same period last year. The company's revenue from operations rose to Rs 2,807.57 crore.
- Country:
- India
JK Cement Ltd on Saturday reported a remarkable 67 per cent increase in its consolidated net profit, resulting in Rs 184.82 crore for the first quarter ending June 2024.
In comparison, the company had posted a profit of Rs 110.73 crore during the same period last year, as stated in a regulatory filing.
The company's revenue from operations saw a modest rise of 1.62 per cent, amounting to Rs 2,807.57 crore for the reporting quarter, compared to Rs 2,762.63 crore a year earlier.
However, the company's total expenses remained nearly flat at Rs 2,579.14 crore in the June quarter.
The total income of JK Cement increased by 2.07 per cent to Rs 2,852.31 crore in Q1 FY25.
Google News