India: JK Cement’s net sales edge lower y-o-y in Q1FY’25

J K Cement’s net sales edged lower by 1% y-o-y to INR 2,513 crores in Q1FY’25 from INR 2,538 crores in the CPLY. The same dropped by 11% q-o-q against INR 2,826 crores in Q4FY’24. Company’s sales volumes increased 6% y-o-y to 4.87 mnt in Q1FY’25 against 4.60 mnt in Q1FY’24. Q-o-q, sales dropped 7% against 5.22 mnt in Q4FY’24. EBITDA rose 19% y-o-y to INR 479 crores in Q1FY’25 from INR 402 crores in Q1FY’24.