ICICI Securities Ltd | Retail Equity Research JK Cement reported good set of numbers in Q2FY18. JK cement's revenues increased by 20.1% YoY to | 1,107.7 crore (above I-direct estimate of | 1,009.2 crore) mainly led by 26.3% YoY rise in grey cement revenues to | 759.8 crore (driven by higher volumes: up 17.0% YoY and increase in realisation: up 7.9% YoY). White cement revenues increased 7.0% YoY mainly led by 8.3 % YoY increase in volumes. Region-wise the company's northern region registered a grey cement...