JK Lakshmi Cement Q3FY26 Net Profit at ₹58.12 Crore; Expands Capacity with ₹3,000-Crore Capex
Mumbai: JK Lakshmi Cement Ltd (JKLC), a flagship company of the JK Organisation, reported a net profit of ₹58.12 crore for the October–December 2025 quarter (Q3FY26), the company said on Monday.
Net sales for the quarter stood at ₹1,588.40 crore, compared to ₹1,496.83 crore in the corresponding period last year. Sales volumes increased to 32.81 lakh tonnes, up from 30.31 lakh tonnes a year ago. EBITDA (PBIDT) rose to ₹235.13 crore, while profit before tax stood at ₹75.98 crore.
For the nine months ended December 2025, the company reported a net profit of ₹292.12 crore on net sales of ₹4,861.10 crore, with sales volumes at 94.50 lakh tonnes.
JK Lakshmi Cement said its net debt-to-EBITDA ratio improved to 1.29 times, reflecting a stronger balance sheet position.
Expansion & Capex Plans
The company is undertaking major capacity expansion projects with an estimated investment of ₹3,000 crore, to be funded through term loans of ₹2,100 crore and the balance via internal accruals. The projects are expected to be completed in phases by March 2028.
Key expansion initiatives include:
- An additional clinker line of 2.3 million tonnes per annum (MTPA) at its integrated cement plant in Durg, Chhattisgarh
- Four cement grinding units aggregating 4.6 MTPA at Durg
- Three split-location grinding units with a combined capacity of 3.4 MTPA at Prayagraj (UP), Madhubani (Bihar) and Patratu (Jharkhand)
Additionally, the company has set up a railway siding at its Durg cement plant at a cost of ₹325 crore, largely funded through debt. The first phase of this project has already been completed.
Sustainability Focus
As part of its green initiatives, JK Lakshmi Cement is implementing a project to enhance its Thermal Substitution Rate (TSR) from 4% to 16% at its Sirohi cement plant. Renewable energy accounted for 48% of the company’s power mix during the quarter.
