JK Lakshmi Cement Net Profit Stands at ₹58.12 Crore for Q3 FY26 Amid Ongoing Capacity Expansion
New Delhi, May 21, 2026: JK Lakshmi Cement Limited (JKLC), a flagship company of the JK Organisation, has announced its standalone financial results for the third quarter of the fiscal year 2026. The company posted a standalone Net Profit (PAT) of ₹58.12 crore for the October-December 2025 quarter, compared to ₹78.33 crore recorded in the corresponding quarter of the previous fiscal year, the company said in a press release.
The financial performance follows a major corporate restructuring. The company’s Composite Scheme of Amalgamation and Arrangement became effective on July 31, 2025, with an appointed date of April 1, 2024. This scheme inter-alia included the formal amalgamation of three subsidiary companies—Udaipur Cement Works Limited, Hansdeep Industries & Trading Company Limited, and Hidrive Developers and Industries Limited—into and with JK Lakshmi Cement.
Operational volumes registered healthy growth during the quarter, with sales volume increasing to 32.81 lakh tonnes from 30.31 lakh tonnes in Q3 FY25. Standalone net sales for the quarter climbed to ₹1,588.40 crore against ₹1,496.83 crore in the year-ago period. Profit Before Depreciation, Interest, and Taxes (PBIDT) rose to ₹235.13 crore from ₹212.80 crore, while Profit Before Tax (PBT) stood at ₹75.98 crore compared to ₹91.35 crore in the matching quarter last year.
For the nine months ended December 31, 2025, the company’s net sales reached ₹4,861.10 crore, up from ₹4,295.00 crore in the same period of FY25. Nine-month Net Profit jumped substantially to ₹292.12 crore from ₹112.91 crore in the previous year’s corresponding period. On the balance sheet front, the company optimized its capital structure, reducing its Net Debt-to-EBITDA ratio to 1.29 times from 2.41 times year-on-year.
JK Lakshmi Cement is currently executing an aggressive growth strategy to expand its annual production capacity to 30 million tonnes by 2030 from its current combined capacity of approximately 18 million tonnes. The company is investing ₹3,000 crore to expand clinker capacity by 2.3 million tonnes per annum at its integrated plant in Durg, Chhattisgarh, alongside four grinding units totaling 4.6 million tonnes. This phased project also includes three split-location grinding units in Prayagraj (Uttar Pradesh), Madhubani (Bihar), and Patratu (Jharkhand) aggregating 3.4 million tonnes, funded via ₹2,100 crore in bank term loans and internal accruals, with full completion expected by March 2028.
Additionally, the manufacturer is constructing a ₹325 crore railway siding at its Durg plant, backed by ₹225 crore in debt, where the first phase of construction is already complete. On sustainability front, renewable energy accounted for 48% of the company’s power mix during the quarter, supported by an ongoing project at its Sirohi plant to phase up its Thermal Substitution Rate (TSR) from 4% to 16%.
The cement manufacturer also received several market accolades, including the Second Fastest Growing Company Award (Medium Category) from the Indian Cement Review, alongside environmental, safety, and operational excellence awards across its Sirohi, Durg, Cuttack, and Jhajjar units. Management maintains a positive outlook for the sector, noting that India’s cement industry volume growth is projected at 6% for FY26, driven by sustained infrastructure activity and housing demand.
