 "JK Cement Q1 PAT declines 38% to Rs 493 mn on lower revenue")
JK Cement Ltd on Saturday posted 37.8 per cent decline in standalone profit after tax to Rs 493 million for the quarter ended June 30, on the back of lower revenues.
The company had reported standalone profit after tax of Rs 793 million in the year-ago period, J K Cement said in a filing to BSE.
The revenue of the company during April-June quarter declined to Rs 11.31 billion, compared to Rs 12.27 billion in the corresponding quarter previous fiscal.
The total expenses dropped to Rs 10.67 billion, from Rs 11.23 billion in the year-ago period, the filing said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app