27 Jan 2025

JK Cement Trades at Rs 4800; Reports Decline in Q3FY25 Net Profit

JK Cement is currently trading at Rs 4800.00, marking an increase of 45.50 points or 0.96% from its previous closing of Rs 4754.50 on the BSE.

The stock opened at Rs 4704.00 and recorded a high of Rs 4829.00 and a low of Rs 4676.45. A total of 738 shares have been traded on the counter so far.

This BSE Group 'A' stock, with a face value of Rs 10, reached a 52-week high of Rs 4895.95 on September 10, 2024, and a 52-week low of Rs 3639.15 on June 4, 2024. Over the last week, the stock's high and low stood at Rs 4833.95 and Rs 4474.15, respectively. The company's current market capitalization is Rs 36,737.19 crore.

Promoters hold a 45.68% stake in the company, while institutions and non-institutions hold 40.59% and 13.73%, respectively.

For Q3FY25, JK Cement reported a 29.25% decline in standalone net profit at Rs 204.81 crore compared to Rs 289.47 crore in the same quarter last year. Total income declined by 2.14% to Rs 2759.55 crore from Rs 2819.99 crore in Q3FY24.

On a consolidated basis, net profit dropped by 33.10% to Rs 189.87 crore for the quarter ending December 31, 2024, compared to Rs 283.81 crore in the previous year. However, the company's total income saw a marginal increase of 0.05% to Rs 2974.83 crore from Rs 2973.29 crore in Q3FY24.