JK Cement Q2 Results: Net Profit Surges 27.6%, Revenue Sees 17.9% Growth

JK Cement Q2 Results: Net Profit Surges 27.6%, Revenue Sees 17.9% Growth

JK Cement Q2 Results: Net Profit Surges 27.6%, Revenue Sees 17.9% Growth

JK Cement Ltd. has reported a 27.6% rise in year-on-year net profit for the second quarter of FY26, as per an exchange filing on Saturday. The cement maker’s consolidated bottom-line stood at Rs 160.53 crore, compared to Rs 125.83 crore in the year-ago period.

Revenue and EBITDA Growth

Revenue also rose 17.9% to Rs 3,019.2 crore from Rs 2,560.12 in the corresponding quarter of last year. Earnings before interest tax depreciation and amortisation (EBITDA) surged by 57.3% to Rs 447 crore from Rs 284 crore, while margin expanded to 14.8% from 11.1%.

Cement Sales Volume Growth

Besides this, the company reported a 16% year-on-year growth in grey cement sales volume, along with 10% growth in white cement, wall putty sales volumes, as stated in a press release filed with the BSE.

Capacity Expansion

JK Cement also underlined that it has increased capacity of its Prayagraj grinding unit by 1 MTPA, from 2 MTPA to 3 MTPA.

Challenges Ahead

On the downside, the company saw net sales realisation for grey cement decline due to weak demand on account of monsoon & GST reduction; for Q2 FY26 net sales realisations stood at Rs 4,847 per ton, compared to Rs 4,944 per ton in Q1 FY26.

Stock Performance

JK Cement’s stock settled 0.23% lower at Rs 6,231 on the NSE, which compares to a 0.60% decline in the nifty index on Friday. The shares have risen 35.22% year-to-date and 43.77% in the last 12 months.

For investors looking to invest in the cement stocks, it’s essential to keep an eye on the Nifty today and Sensex news. The Indian stock market is highly volatile, and staying informed is crucial for making informed investment decisions.

Key Takeaways

  • JK Cement’s net profit rose 27.6% year-on-year to Rs 160.53 crore.
  • Revenue increased by 17.9% to Rs 3,019.2 crore.
  • EBITDA surged by 57.3% to Rs 447 crore.
  • Margin expanded to 14.8% from 11.1%.
  • Cement sales volume grew 16% year-on-year.
  • Capacity of Prayagraj grinding unit increased by 1 MTPA.

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