JK Cement Posts 65 Crore Profit
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 Cement has over four decades of experience in cement manufacturing. From modest beginning in the year 1974 with a capacity of 0.3 million tonnes at Nimbahera in Rajasthan, today JK Cement has 6 kilns of different capacities with a combined annual capacity of 10.5 million tonnes. Three cement units are located in Rajasthan at Nimbahera, Mangrol and Gotan, one unit in Jharli, Harayan and one unit in Karnataka at Muddapur. Today JK Cement has an installed grey cement capacity of 10.5 MTPA making it one of the top 10 cement companies in the country.
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