JK Lakshmi Cement Reports FY26 Net Profit of ₹430 Crore as Volumes Surge
New Delhi, May 21, 2026: JK Lakshmi Cement Ltd., a flagship company of the JK Organization, announced its standalone financial results for the fourth quarter and full fiscal year ended March 31, 2026. Boosted by the completion of a composite amalgamation scheme that absorbed three subsidiaries effective July 2025, the company reported a significant increase in its full-year standalone net profit (PAT) to ₹430.34 crore, up from ₹282.72 crore in the previous fiscal year, it said in a press release.
The company’s annual sales volumes grew to 133.46 lac tonnes compared to 121.29 lac tonnes in FY25, driving full-year net sales up to ₹6,762.63 crore. For the January-March 2026 quarter, sales volumes reached 38.96 lac tonnes, pushing quarterly net sales to ₹1,901.53 crore. However, higher costs impacted quarterly profitability, with fourth-quarter net profit dropping to ₹138.22 crore from ₹169.81 crore in the corresponding period last year. On the balance sheet front, the company optimized its leverage, reducing its net debt-to-EBITDA ratio to 1.12 times.
JK Lakshmi Cement also outlined an aggressive ₹3,325 crore capital expenditure roadmap. The company is investing ₹3,000 crore to expand its clinker capacity at its Durg plant in Chhattisgarh by 2.3 million tonnes per annum and establish multiple grinding units across Chhattisgarh, Uttar Pradesh, Bihar, and Jharkhand by March 2028. Additionally, a ₹325 crore railway siding project is underway at the Durg facility to streamline logistics. On sustainability, the company’s renewable energy share reached 46% for the quarter, supported by an ongoing project at its Sirohi plant to increase its thermal substitution rate from 4% to 16%.
The firm achieved several industry accolades during the year, including the Safety Innovation Award for its Jhajjar unit and a corporate social responsibility jury trophy for its Udaipur unit. Looking ahead to the next fiscal year, the company notes that geopolitical headwinds in West Asia, rupee depreciation, and supply chain disruptions are expected to moderate Government capex, pulling cement demand growth down marginally to 6-7% in FY2026–27.
