JKCEMENTJK Cement

JK Cement's Q2 revenue rises 23.7% to ₹3,733 crore; board approves ₹130 crore paint plant

JK Cement reported September-quarter consolidated revenue of ₹3,733.42 crore against ₹3,019.20 crore, and its board approved a ₹130 crore water-based paint plant in Telangana.

Price, Friday's close₹4,854.00▼ 0.09%
Last 5 days
52-week low ₹4,671.5052-week high ₹6,500.00
Sector
Cement and paints

What happened

  • Revenue was ₹3,733.42 crore against ₹3,019.20 crore. Whalesbook put profit after tax at ₹169.30 crore against ₹159.25 crore, while 10BM News reported consolidated net profit of ₹173 crore against ₹161 crore, up 7.8%.
  • 10BM News reported EBITDA up 13.6% to ₹507 crore, with the margin at 13.6% against 14.8% a year earlier.
  • The board approved a 75,000 kilolitre-a-year water-based paint unit in Telangana, to be built by subsidiary JK Maxx Paints for ₹130 crore, per Whalesbook. 10BM News put the site in Suryapet district, funded from an approved ₹600 crore paints budget, with the existing Bhiwadi plant at 60% utilisation.
  • The board also named Price Waterhouse as statutory auditors for five years from the 2027 annual general meeting, per Whalesbook. The shares closed at ₹4,854 on Friday, per Zerodha Kite, before the results.

Why it matters

The two outlets differ on profit, ₹169.30 crore and ₹173 crore, a gap the material reviewed does not explain.

Good to know: EBITDA is earnings before interest, tax, depreciation and amortisation, a measure of operating profit before financing and accounting charges.

Key facts

Revenue
₹3,733.42 crore (₹3,019.20 crore), up 23.7%
Profit
₹169.30 crore per Whalesbook; ₹173 crore per 10BM News
EBITDA
₹507 crore, up 13.6%, per 10BM News
Paint plant
75,000 kilolitres a year, ₹130 crore, Telangana

Read the source

This is a summary of public news about JK Cement, for information only. It is not a recommendation to buy, sell or hold JKCEMENT.

Next story · 5 of 5Gujarat Ambuja Exports · GAELGujarat Ambuja Exports' Q2 profit rises to ₹131.99 crore from ₹38.08 crore