Tuesday, June 23, 2020

Indian Cement industry Updates

 JK Cements Financial Highlights

JK Cements Financial Highlights

JK Cements posted solid March quarter results and a relatively better outlook despite the covid-19 outbreak.

Lower costs and better realisations helped JK Cement at the profitability level inspire of lower sales volumes.

JK Cement’s pre-tax and exceptional item earnings expanded by 22% over the same period last year to ₹258 crore.

JK Cements March quarter Ebitda of ₹346 crore was much better than expected. Ebitda is earnings before interest, taxes, depreciation and amortization.

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