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JK Cement reports 35% fall in Q3 consolidated net profit

07 Feb 2022 Evaluate

JK Cement has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 29.77% in its net profit at Rs 167.34 crore for the quarter under review as compared to Rs 238.27 crore for the same quarter in the previous year. However, total income of the company increased by 9.85% at Rs 1,966.78 crore for Q3FY22 as compared Rs 1,790.41 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 35.48% in its net profit at Rs 140.19 crore for the quarter under review as compared to Rs 217.29 crore for the same quarter in the previous year. However, total income of the company increased by 10.38% at Rs 2,056.28 crore for Q3FY22 as compared Rs 1,862.94 crore for the corresponding quarter previous year.

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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