NEW DELHI: JK Lakshmi Cement, a part of JK Organisation, has reported a growth of 164.43 per cent in its net consolidated profit during the quarter ended June 30, 2025. Its profit after tax stood at ₹149.88 crore in Q1 FY26 as against ₹56.68 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹1,763.14 crore in Q1 FY26, a growth of 11.88 per cent from ₹1,575.96 crore it recorded in the similar quarter last year.
Vinita Singhania, chairperson & managing director of the company said, “the profitability of the company improved sequentially on account of higher volume, better product & market mix and reduction in fuel cost.”
The company announced the merger of its subsidiary, Udaipur Cement Works (UCWL), with itself. The merger, approved by the Boards of Directors of both companies, is aimed at simplifying the group structure, enhancing operational efficiencies, and realizing long-term synergies.
Shrivats Singhania, who previously served as director and CEO of UCWL, will now assume the role of deputy managing director at JK Lakshmi Cement.
The company is expanding its cement grinding capacity at its Surat Grinding Unit from 1.35 million tonnes to 2.7 million tonnes. The project is likely to cost ₹225 crore and is to be funded through term loans from bank of ₹150 crore & the balance from internal accruals. The project is expected to be commissioned in the current quarter.
The company is expanding the clinker capacity at its integrated cement plant at Dug in Chhattisgarh by putting up an additional clinker line of 2.3 million tonnes per annum & four cement grinding units aggregating to 4.6 million tonnes per annum at Dug and also three split location cement grinding units with aggregate cement grinding capacity of 3.4 million tonnes per annum at Prayagraj in Uttar Pradesh, Madhubani in Bihar & Patratu in Jharkhand.
The project is likely to cost ₹3,000 crore & is proposed to be funded through term loans from banks of ₹2,100 crore & the balance through internal accruals. The project would be commissioned in phases with the first phase of clinkerization & grinding unit scheduled for commissioning by March 2027 and the remaining 2.2 million tonnes cement capacity by March 2028.
