Hot Pursuit     10-Nov-20
JK Cement rises after Q2 PAT soars 170% YoY
JK Cement rose 1.17% to Rs 1,928.50 after the cement maker's consolidated net profit jumped 170% to Rs 221.56 crore in Q2 September 2020 from Rs 81.9 crore in Q2 September 2019.
Consolidated revenue from operations stood at Rs 1634.4 crore in Q2 September 2020, rising 24% year on year from Rs 1317.63 crore in Q2 September 2019. The result was announced after market hours yesterday, 9 November 2020.

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.

Previous News
  JK Cements announces board meeting date
 ( Corporate News - 26-Dec-23   11:03 )
  JK Cement Q4 PAT drops 44% YoY to Rs 112 cr
 ( Hot Pursuit - 29-May-23   11:07 )
  JK Cement commences cement grinding unit in Madhya Pradesh
 ( Hot Pursuit - 25-Nov-23   16:49 )
  JK Cements to discuss results
 ( Corporate News - 10-May-22   13:41 )
  Board of J K Cements to consider NCD issue
 ( Corporate News - 09-Nov-22   16:21 )
  J K Cements announces acquisition of majority stake in Acro Paints
 ( Corporate News - 06-Jan-23   17:02 )
  J K Cements consolidated net profit rises 74.76% in the December 2020 quarter
 ( Results - Announcements 06-Feb-21   15:53 )
  J K Cements consolidated net profit rises 170.02% in the September 2020 quarter
 ( Results - Announcements 10-Nov-20   08:06 )
  J K Cements standalone net profit declines 16.48% in the December 2018 quarter
 ( Results - Announcements 02-Feb-19   16:30 )
  J K Cements appoints director
 ( Corporate News - 06-Mar-24   16:55 )
  J K Cements resumes cement manufacturing operations at various sites
 ( Corporate News - 25-Apr-20   11:42 )
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