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Saturday, July 28, 2018

2018 Q 1 Results - JK Cement Q1 PAT decline 38% to Rs49 crore

J K Cement Ltd on Saturday July 28,2018  posted 37.8% decline in standalone profit after tax to ₹49.3 crore for the quarter ended 30 June, on the back of lower revenues.

The company had reported standalone profit after tax of ₹79.3 crore in the year-ago period, J K Cement said in a filing to BSE.

The revenue of the company during April-June 2018 quarter declined to ₹1,131 crore, compared to ₹1,227 crore in the corresponding quarter previous fiscal.

The total expenses dropped to ₹1,067.3 crore, from ₹1,123.7 crore in the year-ago period, the filing said.

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