India: JK Cement net profits climbs 182%

On a stand-alone basis, JK Cement’s net profit was reported at INR410m (US$6.14m) for the July-September quarter, a 182 per cent increase from the INR145.4m net profit recorded in the same period last year.

Stand-alone total income for the period under review increased by seven per cent to INR10.76bn, up from INR10.08bn in the same period last year. Total expenses registered higher during the quarter, reaching INR9.61bn. Total expenses for the same period last year were reported at INR9.42bn.