JK Cement (NSE: JKCEMENT) is an Indian cement manufacturer based in Rajasthan, India. The company was founded in 1975 and has since grown to become one of the leading cement manufacturers in India, with a total production capacity of over 18 million tons per annum. JK Cement operates through two segments: grey cement and white cement.
The company has a strong presence in the Northern and Western regions of India, and its products are used in a wide range of construction applications, including residential, commercial, and industrial buildings, as well as infrastructure projects. For the quarter ending December 31, 2022, JK Cement reported a consolidated Net profit of ₹37.15 crores, which is significant decline from ₹140.18 crore compared to the same quarter last year. The company’s Revenue from Operations ₹2,432.5 crore for the quarter, which is a 20% increase YoY.
The Debt-Equity ratio increased up to 1.01 from 0.95 in this quarter. The company’s Net Profit margin for the quarter stood at 1.51%, which represents a shrinkage in margins compared to the same quarter last year.