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JK cement reports 55% rise in Q4 net profit

JK cement has reported results for the fourth quarter and year ended March 31, 2019.

The company has reported a rise of 55.49% in its net profit at Rs 149.97 crore for the quarter ended March 31, 2019 as compared to Rs 96.45 crore for the same quarter in the previous year. Total income of the company increased by 11.51% at Rs 1,526.87 crore for quarter under review as compared to Rs 1,369.26 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a marginal fall of 4.96% in its net profit at Rs 324.90 crore as compared to Rs 341.87 crore for the previous year. However, total income of company increased marginally by 3.59% at Rs 5,061.21 crore for year under review as compared to Rs 4,885.82 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 7.69% in its net profit at Rs 263.63 crore as compared to Rs 285.59 crore for the previous year. However, total income of company increased marginally by 3.70% at Rs 5,339.06 crore for year under review as compared to Rs 5,148.61 crore for year ended March 31, 2018.



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