JK Lakshmi Cement Reports Net Profit of Rs 106.77 Crore in First Quarter of FY27
New Delhi, August 6, 2026: JK Lakshmi Cement Ltd (JKLC), a flagship company of the JK Organization, announced its financial results for the first quarter of the financial year 2027 today, recording a standalone net profit after tax (PAT) of Rs 106.77 crore for the April–June 2026 quarter compared to Rs 151.67 crore in the corresponding period of the previous fiscal year, the company said in a press release.
The company’s net sales during the quarter rose to Rs 1,904.78 crore against Rs 1,740.93 crore in Q1FY26, supported by an increase in sales volume from 33.26 lakh tonnes to 35.98 lakh tonnes. Profit before interest, depreciation, and tax (PBIDT) stood at Rs 273.77 crore compared to Rs 335.49 crore last year, while profit before tax (PBT) reached Rs 139.88 crore against Rs 206.30 crore in Q1FY26. Net debt to EBITDA was recorded at 1.38 times, up from 0.99 times in the previous year’s quarter, and the net debt-to-equity ratio stood at 0.38 times compared to 0.36 times.
To support its expansion and operational infrastructure, the company is implementing key capital expenditure projects, including a railway siding at its Durg Cement Plant at a cost of Rs 325 crore, funded through a debt of Rs 225 crore and internal accruals, with the first phase already completed. Additionally, JKLC is expanding its capacity at Durg with a new clinkerization line of 2.30 million tonnes per annum and three grinding units with a total cement capacity of 4.6 million tonnes per annum.
The expansion project is estimated to cost Rs 3,000 crore, financed through a mix of debt and internal accruals, and is scheduled for completion by March 2028. As part of its sustainability drive, the company is executing a project at its Sirohi Cement Plant to enhance its Thermal Substitution Rate (TSR) from 4% to 16% in a phased manner, while renewable green power accounted for 49% of the company’s power mix during the quarter.
Commenting on the industry environment and market outlook, the company noted that “demand is expected to remain supported by sustained infrastructure spending and institutional project activity.” However, management cautioned that “fuel cost uncertainty continues to loom over the industry, with persistent volatility remaining a key concern” and that “ongoing geopolitical tensions in the Middle East, given their influence on crude oil and pet coke prices, continue to cloud the cost outlook.”
Addressing structural shifts within the sector, the company highlighted that “at the same time, there is a trend in the industry to recalibrate operating models, focus on internal efficiencies, cost optimisation, and productivity improvements to drive sustainable long-term outperformance.” Wrapping up its financial and operational performance, JKLC noted that “overall, the sector outlook remains cautiously optimistic, underpinned by healthy demand fundamentals,” adding that “a moderation in geopolitical tensions could ease input cost pressures, particularly fuel costs, providing support for margin recovery across the industry.”
