Latest news with #JKCementLtd
Indian Express
20-07-2025
- Business
- Indian Express
Stocks to Watch on Monday, July 21: Reliance Industries, BEML, HDFC Bank, JSW Steel, Hindustan Zinc and more
Stocks to Watch: Shares of several companies including Reliance Industries, Reliance Power, Reliance Retail, and HDFC Bank, among others will remain in focus on Monday, July 21. On Friday (July 18), benchmark Sensex tanked 501 points while Nifty closed below the 25,000 mark on Friday due to selling in banking shares after muted quarterly earnings and foreign fund outflows. Falling for the second straight day, the 30-share BSE Sensex declined by 501.51 points or 0.61 per cent to settle at 81,757.73. During the day, it shed 651.11 points or 0.79 per cent to hit a low of 81,608.13. The 50-share NSE Nifty dropped 143.05 points or 0.57 per cent to close at a month's low of 24,968.40. Yes Bank reported a 59 per cent jump in its June quarter net profit to Rs 801 crore, helped by non-core income growth. Its core net interest income grew 5.7 per cent to Rs 2,371 crore on the back of a 5 per cent growth in advances and a 0.10 per cent widening in the net interest margin at 2.5 per cent. HDFC Bank posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period. On a standalone basis, the country's largest private sector lender reported a net profit of Rs 18,155 crore for the quarter, up from Rs 16,174 crore a year ago. ICICI Bank posted a 15.9 per cent jump in its consolidated net profit for the June quarter to Rs 13,558 crore compared to Rs 11,696 crore in the year-ago period. On a standalone basis, the country's second-largest private sector lender reported a net profit of Rs 12,768 crore for the quarter, up 15.5 per cent from Rs 11,059 crore a year ago. JK Cement Ltd reported a 75.4 per cent increase in its consolidated net profit to Rs 324.25 crore for the June quarter of 2025-26 compared to Rs 184.82 crore in the April-June period a year ago. Its revenue from operations rose by 19.4 per cent to Rs 3,352.53 crore in the June quarter compared to Rs 2,807.57 crore in the corresponding period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Punjab & Sind Bank reported a 48 per cent jump in net profit to Rs 269 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The lender had earned a net profit of Rs 182 crore in the same quarter of the previous fiscal year. The total income rose to Rs 3,379 crore during the June 2025 quarter from Rs 2,846 crore in the same quarter of FY25, Punjab & Sind Bank said in a regulatory filing. The India Cements Ltd, a subsidiary of UltraTech Cement Ltd, an Aditya Birla Group company, reported a consolidated net loss of Rs 132.90 crore for the April-June 2025 quarter, the company said on Saturday. The city-based cement maker had posted a consolidated net profit of Rs 58.47 crore during the corresponding quarter of the previous financial year. AU Small Finance Bank on Saturday posted a 16 per cent growth in net profit to Rs 581 crore during the first quarter of this financial year. The Jaipur-based bank had earned a net profit of Rs 503 crore in the same quarter of the previous fiscal year. The total income rose to Rs 5,189 crore during the June 2025 quarter from Rs 4,278 crore in the same period of FY25, AU Small Finance Bank said in a regulatory filing. Reliance Power reported a consolidated net profit of Rs 44.68 crore for the quarter ended June 2025-26, as the company trimmed its expenses. It had posted a loss of Rs 97.85 crore in the first quarter of the preceding 2024-25 fiscal, the company said in an exchange filing. The company's total income was Rs 2,025.31 crore against Rs 2,069.18 crore in the year-ago quarter. RBL Bank posted a 46 per cent drop in its June 2025 quarter net profit to Rs 200 crore as it faced challenges on the core income front. The lender had posted a net profit of Rs 372 crore in the year-ago period, while the same figure had stood at Rs 69 crore in the preceding March quarter. Union Bank of India reported a 12 per cent rise in net profit to Rs 4,116 crore during the first quarter of this financial year. The Mumbai-based lender had earned a net profit of Rs 3,679 crore in the same quarter of the previous fiscal year. The total income rose to Rs 31,791 crore during the June 2025 quarter from Rs 30,874 crore in the year-ago period, Union Bank of India said in a regulatory filing. HDFC Bank on Saturday posted a 1.31 per cent decline in its consolidated net profit to Rs 16,258 crore for the June 2025 quarter. The lender had reported a net profit of Rs 16,475 crore in the year-ago period. On a standalone basis, the country's largest private sector lender reported a net profit of Rs 18,155 crore for the reporting quarter, up from Rs 16,174 crore a year ago. Central Bank of India posted a 33 per cent growth in net profit at Rs 1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts. The Mumbai-based bank had earned a net profit of Rs 880 crore in the same quarter of the previous fiscal year. The total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing. Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd, has reported a standalone profit for the April-June 2025 quarter at Rs 8.71 crore. The city-based company had earned a net profit of Rs 3.64 crore during the corresponding quarter of last financial year. For the financial year ending March 31, 2025 the net profit stood at Rs 44.52 crore. Reliance Industries reported its highest-ever quarterly profit of Rs 26,994 crore for the April-June quarter, reflecting a growth of 78.3 per cent over the year-ago period, driven by consumer businesses and investment sales. The oil-to-retail-to-telecom conglomerate's consolidated net profit attributable to owners of the company stood at Rs 26,994 crore, or Rs 19.95 per share, in April-June 2025 compared to Rs 15,138 crore earnings in the year-ago period, according to an exchange filing. BEML announced that it has bagged a government order worth Rs 185.65 crore for supply of 79 units of bulldozers. The company has bagged the order from the Ministry of Defence (MoD), BEML said in an exchange filing. Reliance Retail Venture Ltd (RRVL), the retail arm of billionaire Mukesh Ambani-led Reliance Industries, on Friday reported a 28.3 per cent jump in its profit after tax at Rs 3,271 crore in the quarter ended June 30, 2025, on the back of robust revenue growth across segments. The company had reported a profit after tax of Rs 2,549 crore in the same quarter last fiscal, according to a regulatory filing of Reliance Industries Ltd (RIL). JSW Steel reported an over two-fold jump in its consolidated net profit at Rs 2,209 crore in April-June quarter, aided by lower expenses. It had registered a net profit of Rs 867 crore in the first quarter of the preceding fiscal year 2024-25, the company said in a filing. Bandhan Bank reported 65 per cent decline in net profit at Rs 372 crore for the first quarter of this financial year on rising bad loans and sliding core income. The Kolkata-based private sector bank had earned a net profit of Rs 1,063 crore in the same quarter of the previous fiscal year. Total income rose to Rs 6,201 crore during the June quarter of 2025-26, from Rs 6,082 crore in the same period of FY25, Bandhan Bank said in a regulatory filing. Hindustan Zinc Ltd (HZL) reported 4.7 per cent decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue. The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE. Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period. Texmaco Rail & Engineering Ltd has commissioned a 10-MW captive solar power plant at its Raipur facility in Chhattisgarh, as part of its broader green energy transition, the company said on Friday. The project, developed in partnership with AMP Energy India, marks a key milestone in Texmaco's sustainability roadmap, it said. Indian Overseas Bank reported a 76 per cent jump in net profit to Rs 1,111 crore during the first quarter of this financial year. The Chennai-based bank had earned a net profit of Rs 633 crore in the same quarter of the previous fiscal year. The total income rose to Rs 8,866 crore during the June quarter of 2025-26, from Rs 7,568 crore in the same quarter of FY25, IOB said in a regulatory filing.
Time of India
19-07-2025
- Business
- Time of India
JK Cement's profit up 75.4% to ₹324.25 crore in Q1 FY26
NEW DELHI: JK Cement Ltd on Saturday reported a 75.4 per cent increase in its consolidated net profit to Rs 324.25 crore for the June quarter of 2025-26 compared to Rs 184.82 crore in the April-June period a year ago. Its revenue from operations rose by 19.4 per cent to Rs 3,352.53 crore in the June quarter compared to Rs 2,807.57 crore in the corresponding period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Total expenses were at Rs 2,919.83 crore, up 13.2 per cent in the June quarter. The total income of JKCL, which includes other income, was at Rs 3,408.97 crore, up 19.5 per cent in the June quarter. Meanwhile, in a separate filing, JKCL said its board in a meeting held on Saturday approved the company's expansion by setting up of 0.6 million tonnes per annum (MTPA) white cement-based wall putty plant near Nathdwara , District Rajasmand of Rajasthan . "The total proposed investment for the expansion is estimated at Rs 195 crore," it said. The board also took note of the company's capacity expansion programme at its cement grinding unit at JK Cement Works, Ujjain, leading to an increased production capacity by 0.5 MTPA. Consequently, the capacity at JK Cement Works, Ujjain stands increased from 1.5 MTPA to 2 MTPA and the company's overall grey cement production capacity stands at 25.26 MTPA, it added.
&w=3840&q=100)
Business Standard
19-07-2025
- Business
- Business Standard
JK Cement Q1FY26 results: Profit up 75.4% to Rs 324.25 cr; sales up 19.4%
JK Cement Ltd on Saturday reported a 75.4 per cent increase in its consolidated net profit to Rs 324.25 crore for the June quarter of 2025-26 compared to Rs 184.82 crore in the April-June period a year ago. Its revenue from operations rose by 19.4 per cent to Rs 3,352.53 crore in the June quarter compared to Rs 2,807.57 crore in the corresponding period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Total expenses were at Rs 2,919.83 crore, up 13.2 per cent in the June quarter. The total income of JKCL, which includes other income, was at Rs 3,408.97 crore, up 19.5 per cent in the June quarter.\ Meanwhile, in a separate filing, JKCL said its board in a meeting held on Saturday approved the company's expansion by setting up of 0.6 million tonnes per annum (MTPA) white cement-based wall putty plant near Nathdwara, District Rajasmand of Rajasthan. "The total proposed investment for the expansion is estimated at Rs 195 crore," it said. The board also took note of the company's capacity expansion programme at its cement grinding unit at JK Cement Works, Ujjain, leading to an increased production capacity by 0.5 MTPA. Consequently, the capacity at JK Cement Works, Ujjain stands increased from 1.5 MTPA to 2 MTPA and the company's overall grey cement production capacity stands at 25.26 MTPA, it added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Upturn
19-07-2025
- Business
- Business Upturn
JK Cement to invest Rs 195 crore in new white cement-based wall putty plant in Rajasthan
JK Cement Ltd. announced on July 19, 2025, that its board of directors has approved a significant investment to expand its white cement and wall putty operations in India. According to a regulatory filing, the board cleared an investment of approximately ₹195 crore to set up a 0.6 million tonnes per annum (MTPA) white cement-based wall putty plant. The plant will be located near Nathdwara, in District Rajsamand, Rajasthan. The company said this project aligns with its strategic objective to strengthen its position in the white cement and wall putty segment and meet growing market demand. The board also took on record the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), and adopted the Cost Audit Report for FY25 during the meeting. JK Cement highlighted that this investment reflects its continued focus on capacity expansion and operational excellence across its portfolio. The board meeting began at 11:54 AM and concluded at 1:45 PM. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
24-05-2025
- Business
- Time of India
JK Cement's profit jumps 64.4% to ₹361.3 crore in Q4 FY25
NEW DELHI: JK Cement Ltd on Saturday reported an increase of 64.5 per cent in its consolidated net profit to Rs 361.33 crore in the March quarter of FY25. The company had posted a profit of Rs 219.68 crore in the January-March period a year ago, according to a regulatory filing from JK Cement Ltd (JKCL). Its revenue from operations was up 15.3 per cent at Rs 3,581.18 crore in the March quarter. It was at Rs 3,105.77 crore in the corresponding period a year ago. JKCL's total expenses were at Rs 3,092.04 crore, up 9.8 per cent year-on-year in the March quarter. Total income of JKCL, which includes other income, stood at Rs 3,627.06 crore, up 15 per cent higher annually. For the financial year ended March 31, 2025, JK Cement profit increased 10.4 per cent to Rs 872.17 crore, from Rs 789.93 crore a year ago. In FY25, JKCL's total consolidated income rose 3 per cent to Rs 12,052.10 crore. JK Cement has an installed grey cement capacity of 24.34 MnTPA. It is one of the leading manufacturers of white cement, globally, with a total white cement capacity of 1.12 MnTPA and wall putty production capacity of 1.33 MnTPA.
