JK Cement
JK Cement reported a standalone net profit of Rs. 646.9 million for the second quarter ended September 30, 2018. The company had posted a net profit of Rs. 931.4 million in the July-September quarter a year ago. Total revenue during the quarter under review stood at Rs. 11.18 billion. It was Rs. 11.42 billion in the corresponding period last fiscal. Total expenses stood at Rs. 10.3 billion.
JK Cement Ltd is an affiliate of the industrial conglomerate JK Organisation. JK Cements' operations commenced with commercial production at the grey cement plant at Nimbahera in the state of Rajasthan in May 1975. Subsequently the company also set up 2 more units in Rajasthan at Mangrol and Gotan. In 2009 the company extended its footprint by setting up a green-field unit in Muddapur, Karnataka giving it access to the markets of south-west India.
JK Cement Ltd is an affiliate of the industrial conglomerate JK Organisation. JK Cements' operations commenced with commercial production at the grey cement plant at Nimbahera in the state of Rajasthan in May 1975. Subsequently the company also set up 2 more units in Rajasthan at Mangrol and Gotan. In 2009 the company extended its footprint by setting up a green-field unit in Muddapur, Karnataka giving it access to the markets of south-west India.
In 2014, the company further expanded its capacity in the north with brownfield expansion of 1.5 MTPA integrated unit at Mangrol and split grinding unit of 1.5 MTPA at Jhajjar. Today JK Cement has an installed grey cement capacity of 10.5 MTPA making it one of the top 10 cement producers in the country.
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