Brief: J K Cement Says Unit Has Written Off An Amount Equivale To 4.05 Billion Rupees Towards Impairment Of Assets In Its Book Of Accounts
26/12/2023 11:53
Dec 26 (Reuters) - J K Cement Ltd JKCE.NS :
* UNIT HAS WRITTEN OFF AN AMOUNT EQUIVALE TO 4.05 BILLION
RUPEES
TOWARDS IMPAIRMENT OF ASSETS IN ITS BOOK OF ACCOUNTS
* REITERATE, CLARIFY THAT CO ALREADY MADE PROVISION TOWARDS
IMPAIRMENT IN FY 2019-20, 2020-21 AND 2021-22
* PRESENT WRITEOFF WILL NOT AFFECT PROFITABILITY OF CO FOR
FY
2023-2024
Source text for Eikon: ID:nNSE4bq33q
Further company coverage: JKCE.NS
((Reuters.Briefs@thomsonreuters.com;))
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