J K Cement Reports 2QFY27 Results; Motilal Oswal Sets Rs 5,950 Target
Motilal Oswal said J K Cement’s 2QFY27 earnings were in line with its estimate. Consolidated revenue and EBITDA grew 24% and 14% year over year to INR37.3 billion and INR5.1 billion; volume rose about 19% year over year. EBITDA per tonne declined about 5% to INR848, while the report cited an estimate of INR830.