Q1FY21 results: JK Cement net profit declines by 62.25 per cent YoY to Rs 49.94 crore
JK Cement Ltd announced its Q1FY21 results on Aug 31, 2020. The company reported consolidated net sales of Rs 1004.84 crore in Q1FY21, which declined by 27.91 per cent YoY from Rs 1393.92 crore in Q1FY20.
The company posted EBITDA of Rs 212.57 crore in Q1FY21 that decreased by 31.04 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 308.25 crore. EBITDA margin as of Q1FY21 was at 21.15 per cent that declined by 0.96 per cent YoY. EBITDA margin for Q1FY20 was 22.11 per cent.
The consolidated net profit in Q1FY21 came in at Rs 49.94 crore, which declined by 62.25 per cent, as compared to Q1FY20, when it reported a profit of Rs 132.3 crore. The net profit margin in Q1FY21 came in at 4.97 per cent, which declined by 4.52 per cent YoY. The net profit margin for Q1FY20 was 9.49 per cent.
The share price of the company closed at Rs 1489, down by 0.81 per cent.
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Particulars
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Q1FY21 (Rs in cr)
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Q1FY20 (Rs in cr)
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Per cent change
|
|
Net Profit
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49.94
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132.30
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-62.25
|
|
Net Revenue
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1,004.84
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1,393.92
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-27.91
|
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Operating Profit
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212.57
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308.25
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-31.04
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EBITDAM%
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21.15
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22.11
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-0.96
|
|
PATM%
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4.97
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9.49
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-4.52
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