JK Cement Limited — Board Meeting, 25-01-2025: Outcome of Board Meeting

The Board of J.K. Cement has taken significant steps during its recent meeting.

It approved the standalone and consolidated financial results for the third quarter and nine months ending December 31, 2024, showcasing a revenue from operations of ₹2,715.48 crore and a profit after tax of ₹204.81 crore. Additionally, the Board granted in-principle approval for acquiring a 60% stake in Saifco Cements Private Limited, which will become a subsidiary upon completion of regulatory conditions. Furthermore, a wholly owned Section 8 Company will be incorporated to promote startups and incubators.