Hot Pursuit     10-Nov-20
JK Cement rises after Q2 PAT soars 170% YoY
JK Cement rose 1.17% to Rs 1,928.50 after the cement maker's consolidated net profit jumped 170% to Rs 221.56 crore in Q2 September 2020 from Rs 81.9 crore in Q2 September 2019.
Consolidated revenue from operations stood at Rs 1634.4 crore in Q2 September 2020, rising 24% year on year from Rs 1317.63 crore in Q2 September 2019. The result was announced after market hours yesterday, 9 November 2020.

The cement maker's profit before tax surged 140.5% to Rs 324 crore in Q2 September 2020 over Q2 September 2019. Total tax expense spiked 85.58% YoY to Rs 102.46 crore in Q2 September 2020.

Shares of JK Cement have jumped 6.25% in five trading sessions from its previous closing low of Rs 1815.25 on 2 November 2020.

JK Cement is engaged in manufacturing cement and cement products.

Previous News
  J K Cements consolidated net profit declines 15.24% in the June 2022 quarter
 ( Results - Announcements 13-Aug-22   17:46 )
  Board of JK Cements recommends special dividend
 ( Corporate News - 13-May-24   09:31 )
  J K Cements completes acquisition of Toshali Cements
 ( Corporate News - 21-Feb-24   18:11 )
  JK Cements to table results
 ( Corporate News - 25-Jul-23   12:22 )
  Board of J K Cements to consider NCD issue
 ( Corporate News - 09-Nov-22   16:21 )
  Volumes jump at J K Cements Ltd counter
 ( Hot Pursuit - 02-Jul-21   11:00 )
  J K Cements consolidated net profit rises 170.02% in the September 2020 quarter
 ( Results - Announcements 10-Nov-20   08:06 )
  J K Cements consolidated net profit rises 31.55% in the March 2021 quarter
 ( Results - Announcements 12-Jun-21   16:47 )
  JK Cement Q4 PAT drops 44% YoY to Rs 112 cr
 ( Hot Pursuit - 29-May-23   11:07 )
  Volumes jump at Kajaria Ceramics Ltd counter
 ( Hot Pursuit - 14-Sep-21   11:00 )
  J K Cements receives LT issue ratings from India Ratings and Research
 ( Corporate News - 15-May-21   14:00 )
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