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.