JK Cement Ltd Q3 FY24 consolidated net profit surges to Rs. 283.82 crores

JK Cement Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2973.2871 crores during the period ended December 31, 2023 as compared to Rs. 2782.1048 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 283.8237 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 175.3534 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 36.73 for the period ended December 31, 2023 as compared to Rs. 22.69 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹2973.2871 crs	₹2782.1048 crs	6.87%
Net Profit	₹283.8237 crs	₹175.3534 crs	61.86%
EPS	₹36.73	₹22.69	61.88%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.2973.2871 crores during the period ended December 31, 2023 as compared to Rs.2454.8087 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.283.8237 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.38.9881 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.36.73 for the period ended December 31, 2023 as compared to Rs.5.05 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹2973.2871 crs	₹2454.8087 crs	21.12%
Net Profit	₹283.8237 crs	₹38.9881 crs	627.98%
EPS	₹36.73	₹5.05	627.33%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.8549.6122 crores during the 9 Months period ended December 31, 2023 as compared to Rs.6991.7556 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.571.0836 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.314.0587 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.73.91 for the 9 Months period ended December 31, 2023 as compared to Rs.40.65 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹8549.6122 crs	₹6991.7556 crs	22.28%
Net Profit	₹571.0836 crs	₹314.0587 crs	81.84%
EPS	₹73.91	₹40.65	81.82%

Shares of JK Cement Limited was last trading in BSE at Rs. 4052.55 as compared to the previous close of Rs. 3993.85. The total number of shares traded during the day was 1297 in over 440 trades.

The stock hit an intraday high of Rs. 4131.65 and intraday low of 4010.50. The net turnover during the day was Rs. 5244819.00.

Source : Equity Bulls

Keywords

JKCement Q3FY24 9MFY24 ResultUpdate