New Delhi — JK Cement Ltd on Saturday reported a 6.31 per cent increase in its consolidated net profit to Rs 169.3 crore (yaani about Rs 169 crore) for the September quarter of FY2026-27, helped by volume gains, according to a regulatory filing reported by PTI.
Source: PTI via The Hindu BusinessLine
The company had posted a net profit of Rs 159.25 crore in the July-September period a year ago. Its revenue from operations rose 23.65 per cent to Rs 3,733.42 crore in Q2 FY27, compared to Rs 3,019.20 crore a year earlier, while total income rose 22.84 per cent to Rs 3,771.29 crore and total expenses rose 24.34 per cent to Rs 3,515.71 crore, PTI reported.
Source: PTI via The Hindu BusinessLine
CNBC-TV18, reporting the same filing, put EBITDA at Rs 507.4 crore, up 13.5 per cent from Rs 447 crore a year ago, with the EBITDA margin contracting to 13.6 per cent from 14.8 per cent as costs rose faster than profitability.
Source: CNBC-TV18 via TradingView
Paints expansion in Telangana
JK Cement said its grey cement sales volume rose 21 per cent to 5.37 million tonnes in the quarter and white cement volume rose 13 per cent to 0.49 million tonnes, and the company reported robust volume growth and higher profitability despite cost pressures in its investor presentation, PTI reported.
In a separate filing, the board took note of and approved a proposal by wholly owned subsidiary JK Maxx Paints Ltd to set up a new water-based paint plant with an annual capacity of 75,000 kilolitres at Raghunadhapalem in Telangana's Suryapet district. The plant will entail an estimated capital expenditure of Rs 130 crore (yaani about Rs 130 crore), funded from the Rs 600 crore investment in the paints business already approved by the board, and is expected to be commissioned within 12 months of the commencement of construction. JK Maxx Paints currently has 73,000 kilolitres of annual capacity at Bhiwadi in Rajasthan, operating at 60 per cent utilisation, and expects that facility to reach full utilisation by FY28, PTI and CNBC-TV18 reported.
