JK Lakshmi Cement returns to profitability in Q2 FY26; unveils ₹3,000 crore expansion plan across four states

JK Lakshmi Cement Ltd has reported a strong financial turnaround for the quarter ended September 30, 2025 (Q2 FY26), posting a consolidated net profit of ₹80.63 crore. This marks a sharp recovery from the net loss of ₹30.80 crore recorded in the same quarter of the previous fiscal year. The company’s performance reflects improving operational efficiencies, cost optimization measures, and robust market demand.

The cement manufacturer’s net consolidated total income stood at ₹1,554.44 crore during the quarter, registering a growth of 24.91% compared to ₹1,244.44 crore in Q2 FY25. The company attributed this growth to steady demand in infrastructure and housing sectors, particularly in Northern and Western India, supported by favourable pricing and improved logistics efficiency.

As part of its green and capacity enhancement initiatives, JK Lakshmi Cement has implemented multiple projects aimed at sustainable growth. At its Sirohi Cement Plant, the company is enhancing its Thermal Substitution Rate (TSR) from 4% to 16% in a phased manner to boost energy efficiency and reduce carbon emissions. Additionally, it has commissioned an additional grinding unit with a capacity of 13.50 lakh tonnes per annum in Surat and completed the de-bottlenecking of cement mills at Jaykaypuram, Sirohi. With these developments, the company’s total cement production capacity has increased from 16.5 MTPA to 18 MTPA.

Further strengthening its position in the domestic market, JK Lakshmi Cement has announced a massive ₹3,000 crore expansion project. This includes setting up an additional clinker line of 2.3 million tonnes per annum and four grinding units with a combined capacity of 4.6 million tonnes per annum at its integrated Durg plant in Chhattisgarh. The company also plans to establish three split-location cement grinding units with a total capacity of 3.4 million tonnes per annum across Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand.

The expansion project, to be completed in phases by March 2028, will be funded through ₹2,100 crore in term loans and internal accruals for the balance amount. With this strategic investment, JK Lakshmi Cement aims to strengthen its market presence and meet India’s growing infrastructure and housing demand sustainably.