Sharp decline in JK Cement´s net profit

Sharp decline in JK Cement´s net profit

JK Cement posted a massive decline in its net profit of 99.6 per cent at Rs 16.01 lakh for the period ending June 30 this year. The company´s net profit in the corresponding time period last fiscal stood at Rs 38.03 crore. Net revenue during the review period rose marginally by 1.3 per cent at Rs 813.72 crore as against Rs 803.23 crore during April-June 2014.

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