JKCEMENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member JKCEMENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member JKCEMENT2019-10-012019-12-31in-bse-fin:OneOperatingExpenses03Member JKCEMENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member JKCEMENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member JKCEMENT2019-10-012019-12-31in-bse-fin:FourOperatingExpenses03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares JKCEMENT 2019-04-01 2020-03-31 2020-01-04 INR Lakhs Third quarter Single segment Cement and Cement related products 2019-10-01 2019-12-31 Unaudited Standalone 14041856000.00 236586000.00 14278442000.00 2285618000.00 158721000.00 102155000.00 991707000.00 561362000.00 555767000.00 7726215000.00 12381545000.00 1896897000.00 0.00 1896897000.00 294237000.00 227159000.00 521396000.00 0.00 1375501000.00 0.00 0.00 0.00 0.00 1375501000.00 2193000.00 1377694000.00 0.00 0.00 772683000.00 10 17.80 17.80 0.00 0.00 17.80 17.80 2tThese financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and relevant amendment thereafter. n3(i)tCompetition Commission of India (CCI) vide its order dated 31.8.2016 imposed a penalty of Rs.12,854 lakhs on the Company. The Appeal was heard whereupon National Company Law Appellate Tribunal (NCLAT) vide order dated 25.7.2018 upheld CCI’s order. The Company has filed statutory appeal before the Hon'ble Supreme Court, which vide its order dated 5.10.2018 has admitted the appeal, and directed that the interim order of stay passed by the Tribunal in this matter will continue for the time being. The Company, backed by legal opinion, believes that it has a good case and accordingly no provision has been made in the books of accounts. n3(ii)tIn a separate matter, CCI imposed penalty of Rs.928 lakhs vide order dated 19.1.2017 for alleged contravention of provisions of Competition Act, 2002 by the Company. On Company’s appeal, NCLAT has stayed the operation of CCI’s order. The matter is pending for hearing before NCLAT. Based on legal opinion, the Company believes it has a good case and accordingly, no provision has been made in the books of accounts. n4tThe Company has adopted IND AS 116-Leases, effective from April 1,2019 as notified by The Ministry of Corporate Affairs (MCA) in the Companies (Indian Accounting Standards) Amendment Rules 2019, using modified retrospective method. The adoption of this standard does not have any material impact on the profit and earnings per share for the quarter. n5tOn 20th September 2019, vide the Taxation Laws (Amendment) Ordinance 2019, the Government of India inserted section 115BAB in the Income-tax Act, 1961, which provides domestic companies a non reversible option to pay corporate tax at reduced rates effective, 1st April 2019, subject to certain conditions. The Company carries unutilized minimum alternative tax credit and has other tax benefits/holidays available. The management plans to conclude its evaluation of this option in conjunction with its tax year end of 31st March, 2020. n6tThe Company is engaged in one business segment only i.e. cement and cement related products. n7tThe figures for the previous period have been regrouped wherever necessary. n8tThe above unaudited financial results of the Company for the quarter and nine months ended December 31, 2019 were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 8th February, 2020. n9tThe Company has commissioned 1 Mn.TPA and 1.5 Mn.TPA grey cement grinding units at J.K.Cement Works, Mangrol (Rajasthan) and at J.K.Cement Works, Aligarh (Uttar Pradesh ) respectively on 3rd February, 2020. Single segment 2019-04-01 2019-12-31 Unaudited Standalone 39863558000.00 588244000.00 40451802000.00 6473365000.00 430006000.00 -367370000.00 2921825000.00 1657032000.00 1567267000.00 22053005000.00 34735130000.00 5716672000.00 0.00 5716672000.00 1464917000.00 250266000.00 1715183000.00 0.00 4001489000.00 0.00 0.00 0.00 0.00 4001489000.00 6578000.00 4008067000.00 0.00 0.00 772683000.00 10 51.79 51.79 0.00 0.00 51.79 51.79 Freight and forwarding 2705263000.00 Other expenses 2484633000.00 Power and fuel 2536319000.00 Freight and forwarding 7502173000.00 Other expenses 7148900000.00 Power and fuel 7401932000.00