New Delhi: J K Cement Ltd on Saturday posted 37.8% decline in standalone profit after tax to 49.3 crore for the quarter ended 30 June, on the back of lower revenues.

The company had reported standalone profit after tax of 79.3 crore in the year-ago period, J K Cement said in a filing to BSE.

The revenue of the company during April-June quarter declined to 1,131 crore, compared to 1,227 crore in the corresponding quarter previous fiscal.

The total expenses dropped to 1,067.3 crore, from 1,123.7 crore in the year-ago period, the filing said.