JK Cements Posts Profits
JK Cement reported a standalone net profit of Rs.646.9 million for the second quarter ended September 30, 2018. The company had posted a net profit of Rs.931.4 million in the July-September quarter a year ago. Total revenue during the quarter under review stood at Rs.11.18 billion. It was Rs.11.42 billion in the corresponding period last fiscal. Total expenses stood at Rs.10.3 billion.
JK Cements' grey cement division has three facilities located at Gotan, Nimbahera and Mangrol in the state of Rajasthan in Northern India. They also have one grey cement facility at Jharli, Haryana and one in Muddapur, Karnataka. Today JK Cement has an installed grey cement capacity of 10.5 MTPA making it one of the top 10 cement manufacturers in the country.
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