JK Cement Q1 profit jumps over three-fold to Rs 190.08 cr; revenue surges 71%

JK Cement Q1 profit jumps over three-fold to Rs 190.08 cr; revenue surges 71%

PTIUpdated: Saturday, August 14, 2021, 10:55 PM IST
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The company had posted a profit of Rs 49.94 crore in the April-June period a year ago, JK Cement said/ Representational image |

JK Cement Ltd on Saturday reported over a three-fold jump in its consolidated net profit to Rs 190.08 crore for the first quarter ended on June 30, 2021.

The company had posted a profit of Rs 49.94 crore in the April-June period a year ago, JK Cement said in a regulatory filing.

Its revenue from operations was up 70.59 per cent at Rs 1,714.14 crore during the quarter under review as against Rs 1,004.84 crore in the year-ago period.

Total expenses were at Rs 1,454.28 crore, up 55.97 per cent in Q1/FY 2021-22 against Rs 932.43 crore in the year-ago quarter.

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