JK Cements reported a growth of 74.8% in consolidated net profit after tax to Rs.217 crore for the Dec-20 quarter. It had earlier posted a profit of Rs.124 crore in the Dec-19 quarter. The company reported revenue from operations up 24.5% at Rs.1833 crore as compared to Rs.1472 crore in the year-ago period.
JK Cement in its AGM also approved the setting up of an integrated green-field grey cement plant with a capacity of 4 MTPA through its wholly-owned subsidiary Jaykaycem Central Ltd based out of Panna in the state of Madhya Pradesh. The project in Madhya Pradesh has an estimated cost outlay of Rs.2970 crore.
JK Cements reported a growth of 74.8% in consolidated net profit after tax to Rs.217 crore for the Dec-20 quarter. It had earlier posted a profit of Rs.124 crore in the Dec-19 quarter. The company reported revenue from operations up 24.5% at Rs.1833 crore as compared to Rs.1472 crore in the year-ago period.
JK Cement in its AGM also approved the setting up of an integrated green-field grey cement plant with a capacity of 4 MTPA through its wholly-owned subsidiary Jaykaycem Central Ltd based out of Panna in the state of Madhya Pradesh. The project in Madhya Pradesh has an estimated cost outlay of Rs.2970 crore.