EL7.AI
StocksMedium•24 October 2026•
2 min read

JK Cement revenue rises 23.7% to ₹3,733 crore in second quarter

Key Facts

1Revenue from operations rose 23.7% to ₹3,733 crore, compared with ₹3,019 crore a year earlier.
2Earnings before interest, taxes, depreciation and amortisation rose 13.6% to ₹507 crore, from ₹447 crore.
3Earnings before interest, taxes, depreciation and amortisation margin fell to 13.6% from 14.8% a year earlier.
4The planned capacity of the paint plant in Telangana is 75,000 kilolitres a year.
5The plant’s estimated cost is ₹130 crore within a previously approved paints investment of ₹600 crore.

JK Cement’s revenue from operations rose 23.7% year on year to ₹3,733 crore in the second quarter of fiscal 2027, ended September 2026, compared with ₹3,019 crore in the year-earlier period. NDTV Profit reported the figures as part of the company’s quarterly results, which the board approved on 24 October. Revenue growth was accompanied by an increase in operating profit, with earnings before interest, taxes, depreciation and amortisation rising 13.6% to ₹507 crore. The figure was ₹447 crore a year earlier. But slower growth than revenue was accompanied by a lower margin, placing operating profitability alongside sales growth in the results assessment.

Earnings before interest, taxes, depreciation and amortisation margin was 13.6% in the quarter, compared with 14.8% in the corresponding quarter a year earlier. Thus, operating profit increased in value, while its share of revenue contracted during the period. The comparison between revenue growth of 23.7% and operating profit growth of 13.6% shows that the two measures did not move at the same pace. The available report did not include a specific explanation for the margin decline or the growth rate in grey cement sales volume. The figures are from unaudited results for the quarter and half-year ended 30 September 2026, according to the report on the board’s approval.

Separately, the company approved the construction of a water-based paint plant through its wholly owned subsidiary, JK Max Paints. The proposed plant will be located in Raghunadhapalem, in Suryapet district, Telangana, with planned production capacity of 75,000 kilolitres a year. Its capital cost is estimated at ₹130 crore. The report said the project would be funded from an investment of ₹600 crore for the paints business previously approved by the board. The plant puts a new investment within a broader allocation already approved for the sector, with the subsidiary carrying out the expansion.

The company expects the facility to begin operations about 12 months after construction starts. The report did not specify when construction would begin, so the expected operating timeline is tied to the actual start of work. The project is part of JK Cement’s expansion into paints, alongside its core cement business. On 24 October, the board approved unaudited consolidated and standalone financial results for the quarter and half-year ended 30 September 2026. In the stock market, shares closed down 0.09% at ₹4,854 in Friday’s session on 23 October, before the results announcement.