New Delhi, February 2026 – JK Lakshmi Cement Limited (JKLC), a flagship company of the JK Organisation, today announced its financial results for the third quarter of fiscal year 2026, reporting a net profit of ₹58.12 crore for October-December 2025.
MERGER COMPLETION
The Composite Scheme of Amalgamation & Arrangement, involving the merger of three subsidiary companies – Udaipur Cement Works Ltd, Hansdeep Industries & Trading Company Ltd, and Hidrive Developers and Industries Ltd – has become effective from 31st July 2025, with the appointed date of 1st April 2024.
FINANCIAL HIGHLIGHTS (Standalone)
| Particulars | Units | Oct-Dec 2025 | Oct-Dec 2024 | Growth |
|---|---|---|---|---|
| Sales Volume | Lac Tonnes | 32.81 | 30.31 | 8.2% |
| Net Sales | ₹ Crores | 1,588.40 | 1,496.83 | 6.1% |
| PBIDT | ₹ Crores | 235.13 | 212.80 | 10.5% |
| PBT | ₹ Crores | 75.98 | 91.35 | -16.8% |
| PAT | ₹ Crores | 58.12 | 78.33 | -25.8% |
| Net Debt to EBITDA | Times | 1.29 | 2.41 | Significant Improvement |
OPERATIONAL AND FINANCIAL PROGRESS
Despite the profit decline, the company showed strong operational performance with:
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8.2% growth in sales volume to 32.81 lakh tonnes
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48% renewable power in the company's power mix during the quarter
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Significant debt improvement: Net Debt to EBITDA improved from 2.41x to 1.29x
MAJOR CAPEX ANNOUNCEMENTS
Railway Siding Project (Durg Plant)
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Cost: ₹325 crore
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Funding: ₹225 crore debt + internal accruals
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Status: First phase already completed
Major Capacity Expansion
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Investment: ₹3,000 crore
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Components: Additional clinker line (2.3 MTPA) at Durg + 7 grinding units (8 MTPA total)
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Locations: Durg (Chhattisgarh), Prayagraj (UP), Madhubani (Bihar), Patratu (Jharkhand)
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Funding: ₹2,100 crore term loans + internal accruals
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Timeline: Phased completion by March 2028
SUSTAINABILITY INITIATIVES
The company is implementing a project to enhance its Thermal Substitution Rate (TSR) from 4% to 16% in phases at its Sirohi Cement Plant as part of green initiatives.
RECOGNITIONS AND AWARDS
The quarter saw multiple accolades including:
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Second Fastest Growing Company Award (Medium Category) by Indian Cement Review
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GMF Green Crest Award 2025 for Environment & Water Management
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Excellence in CSR Award at Odisha CSR & Leadership Summit 2025
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Safety Innovation Award at the 22nd Safety Convention
INDUSTRY OUTLOOK
India's cement sector outlook for FY26 is better than the previous year with volume growth projected at 6%, driven by infrastructure activity and housing demand.
COMPANY VISION
JK Lakshmi Cement has a vision of reaching 30 million tonnes cement capacity by 2030, with the current expansion plans being a significant step toward this goal.
ABOUT JK LAKSHMI CEMENT LIMITED
Part of the 140-year-old JK Organisation, JK Lakshmi Cement is a renowned name in the Indian cement industry with an annual turnover of over ₹6,000 crores. The company has a formidable presence in Northern, Western and Eastern India's cement markets with a present combined capacity of about 18 million tonnes per annum.