News

JK Lakshmi Cement emerges preferred bidder for Assam’s Juipahar new Umrangso limestone blockShares of JK Lakshmi Cement Ltd ended at ₹607.80, up by ₹2.45, or 0.40%, on the BSE.By Jomy Jos Pullokaran  March 12, 2026, 8:40:10 PM IST (Published)2 Min ReadJK Lakshmi Cement Ltd on Thursday (March 12) said it has been declared the preferred bidder in the e-auction conducted by the Government of Assam for the Juipahar New Umrangso limestone block (A and B). The mining lease covers an area of 405 hectares in Assam.

Third Quarter Results

JK Lakshmi Cement reported a net profit of ₹57 crore for the third quarter, down 23% year-on-year from ₹74 crore. Revenue from operations rose 6.3% year-on-year to ₹1,588 crore, up from ₹1,496 crore in the same quarter last year.

EBITDA for the quarter stood at ₹205.5 crore, a 2.1% increase from ₹201.2 crore in the corresponding period of the previous year. EBITDA margin came in lower at 12.9%, compared with 13.4% in the year-ago quarter.

Also Read: GST cut to push cement demand, JK Lakshmi upbeat on volume growth

JK Lakshmi Cement is constructing a railway siding at its Durg cement plant at a cost of ₹325 crore, to be funded through a debt of ₹225 crore, with the balance financed through internal accruals. The first phase of this project has already been completed.

The company is also expanding the clinker capacity at its integrated cement plant in Durg, Chhattisgarh, by adding an additional clinker line of 2.3 million tonnes per annum and four cement grinding units aggregating to 4.6 million tonnes per annum.

In addition, three split-location cement grinding units with an aggregate capacity of 3.4 million tonnes per annum are planned at Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand.

Also Read: Cement demand may grow 7% this year, but JK Lakshmi aims to outpace the industry

The total cost of the expansion project is estimated at ₹3,000 crore, proposed to be funded through bank term loans of ₹2,100 crore, with the balance through internal accruals. The project will be implemented in phases and is expected to be fully completed by March 2028.

Shares of JK Lakshmi Cement Ltd ended at ₹607.80, up by ₹2.45, or 0.40%, on the BSE.Continue Reading(Edited by : Jomy Jos Pullokaran)TagsJK lakshmi Cementshare market today