Stock Report

JK Cement Ltd reports consolidated net profit of Rs. 178.10 crores in Q2 FY2024



Posted On : 2023-11-05 17:00:56( TIMEZONE : IST )

JK Cement Ltd reports consolidated net profit of Rs. 178.10 crores in Q2 FY2024

JK Cement Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2782.1048 crores during the period ended September 30, 2023 as compared to Rs. 2794.2203 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 178.1071 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 114.6602 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 23.05 for the period ended September 30, 2023 as compared to Rs. 14.84 for the period ended June 30, 2023.

Financials Q2 FY2024 Q1 FY2024 % Change
Total Income ₹ 2782.1048 crs ₹2794.2203 crs Up Tick / Down Tick-0.43%
Net Profit ₹178.1071 crs ₹114.6602 crs Up Tick / Down Tick55.33%
EPS ₹23.05 ₹14.84 Up Tick / Down Tick55.32%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 2782.1048 crores during the period ended September 30, 2023 as compared to Rs.2249.6412 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.178.1071 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.112.3846 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.23.05 for the period ended September 30, 2023 as compared to Rs.14.54 for the period ended September 30, 2022.

Financials Q2 FY2024 Q2 FY2023 % Change
Total Income ₹ 2782.1048 crs ₹2249.6412 crs Up Tick / Down Tick23.67%
Net Profit ₹178.1071 crs ₹112.3846 crs Up Tick / Down Tick58.48%
EPS ₹23.05 ₹14.54 Up Tick / Down Tick58.53%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5576.3251 crores during the 6 Months period ended September 30, 2023 as compared to Rs.4536.9469 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.292.7673 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.275.0706 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.37.89 for the 6 Months period ended September 30, 2023 as compared to Rs.35.60 for the 6 Months period ended September 30, 2022.

Financials Half Year Ended FY2024 Half Year Ended FY2023 % Change
Total Income ₹5576.3251 crs ₹4536.9469 crs Up Tick / Down Tick22.91%
Net Profit ₹292.7673 crs ₹275.0706 crs Up Tick / Down Tick6.43%
EPS ₹37.89 ₹35.60 Up Tick / Down Tick6.43%

Shares of JK Cement Limited was last trading in BSE at Rs. 3131.95 as compared to the previous close of Rs. 3112.35. The total number of shares traded during the day was 1035 in over 291 trades.

The stock hit an intraday high of Rs. 3169.75 and intraday low of 3115.90. The net turnover during the day was Rs. 3241087.00.

Source : Equity Bulls

Keywords

JKCement Q2FY24 H1FY24 ResultUpdate