JK lakshmi cement on Tuesday reported a 52 per cent rise in net profit to Rs 430.34 crore for FY26, supported by higher sales volumes and improved operational performance.
The company’s net sales for the financial year ended March 2026 rose to Rs 6,762.63 crore from Rs 6,192.62 crore in FY25, while sales volume increased to 133.46 lakh tonnes from 121.29 lakh tonnes a year earlier.
For the January-March quarter, the company posted a profit after tax of Rs 138.22 crore compared with Rs 169.81 crore in the corresponding quarter last year. Quarterly net sales stood at Rs 1,901.53 crore against Rs 1,897.62 crore in the year-ago period.
The company said its Composite Scheme of Amalgamation and Arrangement became effective on July 31, 2025, with April 1, 2024 as the appointed date. The scheme included the merger of subsidiaries Udaipur Cement Works Ltd, Hansdeep Industries & Trading Company Ltd, and Hidrive Developers and Industries Ltd into JK Lakshmi Cement.
As part of its expansion plans, the cement maker said it is setting up an additional clinker line of 2.3 million tonnes per annum at its Durg plant in Chhattisgarh along with four cement grinding units aggregating 4.6 million tonnes per annum. The company is also developing three split-location grinding units in Prayagraj, Madhubani and Patratu with a combined capacity of 3.4 million tonnes per annum.
The company said the expansion project would involve an investment of around Rs 3,000 crore and is expected to be completed by March 2028.
JK Lakshmi Cement is also constructing a railway siding at its Durg cement plant at a cost of Rs 325 crore, funded through debt and internal accruals. The first phase of the project has already been completed.
On sustainability initiatives, the company said renewable energy accounted for 46 per cent of its power mix during the quarter. It is also implementing a project to increase Thermal Substitution Rate (TSR) from 4 per cent to 16 per cent at its Sirohi plant in Rajasthan.
The company cautioned that geopolitical tensions in West Asia, rupee depreciation and supply chain disruptions could moderate government capital expenditure and pull cement demand growth down to 6-7 per cent in FY27. |
