J K Cement Q2 FY11 Results : Net swings to loss

by khalid on 11/11/2010 · 0 comments

J K Cement has posted a phenomenal decrease in consolidated net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, the company reported loss of Rs 20.83 crore compared with a profit of Rs 65.38 crore profit of Q2 (ending Sep 09) of previous year(FY10). J.K. Cement Limited is an India-based company. The Company produces grey cement and white cement. The grey cement produced by the Company consists of Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC).

The company informed the share market(BSE) that the total net sales declined 2.65% to Rs 4196.13 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009.

Share’s Data :-
BSE Code : 532644
Mkt. Cap : Rs 1,223.25 Crores
J K Cement Ltd. share’s CMP is Rs 175.00 on 10th Nov 2010.

Source :- BelltheBull

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