JK CEMENT LIMITED

Management reported a 19% year-on-year growth in grey cement volumes and an 11% growth in white cement volumes for the first quarter ended June 30, 2026. The net sales increased by 23% year-on-year to INR 3,786 crores, with EBITDA at INR 639 crores, reflecting a margin of 16.9%. Profit before tax was INR 423 crores, while profit after tax stood at INR 291 crores. The company noted ongoing progress on its greenfield project in Jaisalmer and expansion plans for a grinding unit in Punjab. Management highlighted a rise in gross debt to INR 5,551 crores and a net debt of INR 3,864 crores. They guided toward a cost increase of INR 150 per ton in the next quarter, primarily due to fuel costs. The management confirmed no plans to delay expansion despite competitive pressures in the market. The earnings call included a Q&A session addressing various operational aspects and market conditions.

Management highlighted growth in sales and volumes while also addressing rising costs and competitive pressures.