InvestorQ : How did JK Cement report such a strong performance on the quarterly results front in Sep-20 quarter?
shrinidhi Rajan made post

How did JK Cement report such a strong performance on the quarterly results front in Sep-20 quarter?

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3 weeks ago
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JK Cement reported 3-fold jump in net profits at Rs.222 crore in the Sep-20 quarter. This is a huge growth over the last comparable quarter profit of Rs.79.5 crore. Total revenues from operations were up 24% at Rs.1634 crore on the back of better demand traction.

With gradual resumption of overall economic activities, operations of the Group have started moving towards normalcy. With the government focus on infrastructure and commercial real estate still buoyant, the demand for cement is robust although the residential demand for cement is still quite tepid.

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