JK Cements Q2 Net declines 58% at Rs 13.72 cr

JK Cements today reported a 58 per cent fall in its consolidated net profit at Rs 13.72 crore for the quarter ended September 30, 2015.
The firm had clocked a net profit of Rs 32.31 crore in the year-ago period, it said in a BSE filing.
Total standalone income of the firm, however rose by 5 per cent to Rs 870.30 crore in the July-September quarter this fiscal from Rs 830.67 crore during the same quarter of 2014-15.
The company's total expenses were also higher at Rs 800 crore from Rs 770 crore during the quarter under review.
JK Cement has an installed grey cement capacity of 10.5 MTPA (million tonnes per annum).