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JK Cement reports 73% fall in Q3 consolidated net profit

06 Feb 2023 Evaluate

JK Cement has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 42.29% in its net profit at Rs 96.57 crore for Q3FY23 as compared to Rs 167.34 crore for the corresponding quarter previous year. However, total income of the company increased by 17.44% to Rs 2,309.79 crore for the quarter under review as compared to Rs 1,966.78 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 73.49% in its net profit at Rs 37.16 crore for Q3FY23 as compared to Rs 140.19 crore for the same quarter in the previous year. However, total income of the company increased by 19.38% to Rs 2,454.81 crore for the quarter under review as compared to Rs 2,056.28 crore for the same quarter in the previous year.

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