JK Cement Limited on Saturday released the results for the second quarter ended 30 September 2024. The company has informed that during this period the company's profit has fallen by 28.3 percent year-on-year. The company has registered a profit of Rs 125.8 crore during this period. A year ago in this quarter, the company had registered a profit of Rs 175.4 crore. In the September quarter, the company's income fell by 7 percent to Rs 2,560 crore, which was Rs 2,752.8 crore in this quarter a year ago.

The company's EBITDA declined by 39.2 per cent to Rs 284 crore in the second quarter of this financial year from Rs 467 crore in the same period of the previous financial year. EBITDA margin stood at 11.1 per cent in the September quarter as against 17 per cent in the same period of the previous financial year. 67 per cent capacity utilisation In the second quarter of FY 2025, JK Cement recorded 64 per cent capacity utilisation for cement and 67 per cent for clinker. The company faced production challenges due to the scheduled shutdown at its Muddapur plant, which necessitated the purchase of clinker to maintain operations, leading to a cost impact of about Rs 10 crore. Cement volumes for the quarter were recorded at 3.80 million tonnes, down from 4.33 million tonnes in the first quarter of FY 2025.