JK Cement net dips 56 percent in Q2

Bengaluru, Oct 31 (IANS) JK Cement posted Rs.14 crore net profit for second quarter of 2015-16, registering 56 percent annual decline from Rs.32 crore in same period year ago.

In a regulatory filing to the Bombay Stock Exchange (BSE) on Saturday, the city-based cement major said its total income, however, grew, albeit marginally, 4.7 percent to Rs.870 crore in quarter under review (Q2) from Rs.831 crore in the same period last year.

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