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JK Cements profit drops

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Cement manufacturing company in India, JK Cement’s profits dropped on May 13 after it’s fourth-quarter profits reduced 30.06 per cent from a year ago. The company earned a profit of Rs 561.95 million for the quarter ended March 31, 2013, compared with Rs 803.48 billion, a year ago.

The company’s quarterly sales totaled Rs 7.71 billion, a decrease of 4.68 per cent over Rs 8.09 billion in the same period a year ago.

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