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JK Cement reports over 2-fold jump in Q4 net profit

14 May 2018 Evaluate

JK Cement has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported over 2-fold jump in its net profit at Rs 96.45 crore for the quarter ended March 31, 2018 as compared to Rs 42.58 crore for the same quarter in the previous year. The total income of the company increased by 9.08% at Rs 1369.26 crore for quarter under review as compared to Rs 1255.28 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 62.19% in its net profit at Rs 341.87 crore as compared to Rs 210.78 crore for the previous year. Total income of company increased by 9.08% at Rs 4885.82 crore for year under review as compared to Rs 4479.15 crore for the year ended March 31, 2017.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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