NEW DELHI: JK Cement Ltd on Monday reported almost three-fold jump in consolidated net profit at Rs 221.55 crore for the second quarter ended September 2020.
The company had posted a net profit of Rs 79.50 crore in July-September period a year ago, JK Cement said in a regulatory filing.
Its revenue from operations rose 24.04 per cent to Rs 1,634.39 crore during the quarter under review from Rs 1,317.63 crore in the year-ago period.
Total expenses rose 11.53 per cent to Rs 1,338.93 crore from Rs 1,200.41 crore in the year-ago quarter.
“With gradual resumption of overall economic activities, operations of the Group have started moving towards normalcy,” JK Cement said, adding that the situation is still evolving.
Source: Press Trust of India