JK Cement Q3 net profit jumps over three-fold to Rs 66 crore

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JK Cement on Saturday reported over three-fold jump in its standalone net profit to Rs 66.43 crore for the third quarter ended December 31, 2016.

It had reported a net profit Rs 17.67 crore in October- December period a year-ago, JK Cement said in a BSE filing.

However, JK Cement’s total income was marginally up 0.82% to Rs 1,061.70 crore during the quarter under review as against Rs 1,052.99 crore in the corresponding quarter last fiscal.

Its total expenses were at Rs 935.05 in Q3 of FY 2016-17, down 3.22%, as against Rs 966.23 crore in the year-ago quarter.