JK Cement profit jumps 75% in Q1, expands capacity across key markets
Published on 19/07/2025 04:19 PM
JK Cement profit jumps 75% in Q1, expands capacity across key marketsOperating profit also showed robust growth, with EBITDA rising 41.4% to ₹687.6 crore from ₹486.3 crore a year ago. Margins improved to 20.5%, up from 17.3% in the corresponding quarter last year.By Asmita Pant July 19, 2025, 4:19:34 PM IST (Published)2 Min ReadJK Cement reported a strong performance for the first quarter of FY26, with consolidated net profit surging 75.5% year-on-year to ₹324.3 crore, up from ₹184.8 crore in the same quarter last year. Revenue from operations rose 19.4% to ₹3,352.5 crore, compared to ₹2,807.6 crore in Q1FY25.
Operating profit also showed robust growth, with EBITDA rising 41.4% to ₹687.6 crore from ₹486.3 crore a year ago. Margins improved to 20.5%, up from 17.3% in the corresponding quarter last year.
The company attributed the performance to strong volume growth in the grey cement segment, better realisations in key markets like Central India and Bihar, and a healthy product mix. It also reported 8% growth in white cement and wall putty volumes during the quarter.
On the expansion front, JK Cement said construction of its 4 MTPA grey clinker unit at Panna is progressing on schedule, with 76% of the work already completed. In addition, it is developing 3 MTPA cement capacity across Panna, Hamirpur, and Prayagraj—1 MTPA each—where construction is in advanced stages.
The company is also setting up a 3 MTPA split grinding unit in Bihar, targeted for commissioning by December 2025. As of June 2025, JK Cement has spent ₹1,429 crore on clinker and cement projects and ₹284 crore on the Bihar unit.
To meet rising demand for value-added products, JK Cement will also establish a 6 lakh MTPA wall putty unit near Nathdwara, Rajasthan, at a cost of ₹195 crore. Commissioning is scheduled for FY27.
Further strengthening its footprint, JK Cement completed the acquisition of a 60% stake in a cement and clinker unit in Jammu & Kashmir in June 2025 for ₹149.81 crore. The acquisition adds 0.42 MTPA of cement and 0.26 MTPA of clinker capacity.
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