JK Lakshmi Cement has received board approval for expanded plans and increased funding for its Durg cement plant project. The company has raised the total investment commitment to ₹3,000 crore, reflecting the enhanced scope and scale of the manufacturing facility.

Project Investment and Timeline

The board's decision to greenlight the expanded plans demonstrates the company's commitment to strengthening its production capabilities. The project timeline has been established with a target completion date of March 2028, providing a clear roadmap for the facility's operationalization.

Production Capacity Enhancement

The Durg cement plant will significantly enhance JK Lakshmi Cement's manufacturing capabilities upon completion. The facility is designed to achieve substantial production volumes across both clinker and cement manufacturing processes.

The plant's clinker capacity of 12.3 MTPA will support the higher cement production target of 22.6 MTPA, indicating an efficient production structure that maximizes output potential. This capacity expansion aligns with the company's growth strategy and market positioning objectives.

Strategic Manufacturing Expansion

The board's approval of increased funding reflects confidence in the project's strategic value and market potential. The expanded investment allocation will support enhanced infrastructure, advanced manufacturing technology, and operational capabilities at the Durg facility.

This development represents a significant milestone in JK Lakshmi Cement's expansion plans, positioning the company to meet growing market demand while strengthening its competitive position in the cement industry.

JK Lakshmi Cement Limited announced its financial results for the third quarter ended December 31, 2025, reporting an EBITDA of ₹345 crores compared to ₹320 crores in the corresponding quarter of the previous year. The company's EBITDA margin improved to 21.73% from 21.58% in Q3FY25, demonstrating enhanced operational efficiency.

Financial Performance Overview

The company reported a net profit of ₹56.90 crores compared to ₹74.90 crores in the corresponding quarter of the previous year. Revenue from operations increased to ₹1,588.00 crores from ₹1,497.00 crores in Q3FY25. The company's nine-month performance showed significant improvement with net profit surging 158.79% to ₹292.12 crores compared to ₹112.91 crores in the corresponding period last year.

Operational Highlights

The company's sales volume for Q3FY26 reached 32.81 lakh tonnes compared to 30.31 lakh tonnes in the corresponding quarter last year. For the nine-month period, sales volume increased to 94.50 lakh tonnes from 85.32 lakh tonnes, representing growth of 10.76%. The improved EBITDA margin reflects better cost management and operational efficiency.

Exceptional Items and Corporate Actions

The company reported exceptional items loss of ₹19.09 crores in Q3FY26, primarily related to the impact of new Labour Codes implementation. The Government of India notified four Labour Codes effective from November 21, 2025, resulting in incremental retiral obligations of ₹19.09 crores. The Composite Scheme of Amalgamation & Arrangement became effective from July 31, 2025, with the appointed date of April 1, 2024.

Expansion and Market Outlook

JK Lakshmi Cement is implementing significant expansion projects, including a railway siding at its Durg Cement Plant costing ₹325 crores. The company is expanding clinker capacity at Durg with an additional clinker line of 2.3 million tonnes per annum and cement grinding units totaling 4.6 million tonnes per annum.

The company maintains its vision of reaching 30 million tonnes cement capacity by 2030, supported by ongoing expansion projects across multiple locations including Prayagraj, Madhubani, and Patratu.