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JK Cement Ltd.: JK Cement shares gain over 5% after Q3 earnings


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NEW DELHI: Shares of JK Cement Ltd on Monday gained over 5 per cent after the company posted a nearly 75 per cent rise in its consolidated net profit for the third quarter ended December 2020. The stock jumped 5.67 per cent to Rs 2,364 on the BSE. It gained 5.66 per cent to Rs 2,365 on the NSE.
On Saturday, JK Cement Ltd reported an increase of 74.82 per cent in its consolidated net profit to Rs 217.28 crore in the 2020 December quarter. It had a profit of Rs 124.29 crore in the year-ago period.
The company s revenue from operations in the latest December quarter climbed around 25 per cent to Rs 1,832.71 crore compared to the same period a year ago. ....

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JK Cement Q3 net profit up 74.8% to Rs 217.28 crore


JK Cement Q3 net profit up 74.8% to Rs 217.28 crore
The company had posted a profit of Rs 124.29 crore in the October-December period a year ago, JK Cement said in a regulatory filing.
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By PTI
NEW DELHI: JK Cement Ltd on Saturday reported an increase of 74.82 percent in its consolidated net profit to Rs 217.28 crore for the third quarter ended December 2020.
The company had posted a profit of Rs 124.29 crore in the October-December period a year ago, JK Cement said in a regulatory filing.
Its revenue from operations was up 24.52 percent at Rs 1,832.71 crore during the quarter under review as against Rs 1,471.78 crore in the year-ago period. ....

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