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JK Cement Q2 profit up 8%; board backs ₹130 crore paint plant in Telangana

India's JK Cement reported July–September results with net profit up 8% and revenue up 24%, while its EBITDA margin narrowed year on year.

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what happened

According to TradingView, JK Cement reported its second-quarter results on Saturday, October 24. Net profit for the September quarter of FY27 rose 8% year on year to ₹173 crore, compared with ₹160.5 crore a year earlier. Revenue from operations climbed 24% to ₹3,733.4 crore. EBITDA rose 13.5% to ₹507.4 crore, but its margin fell to 13.6% from 14.8%.

The board also approved a proposal from its wholly owned subsidiary JK Maxx Paints to build a water-based paint plant at Raghunadhapalem in Telangana's Suryapet district, with annual capacity of 75,000 kilolitres. The estimated capital expenditure is ₹130 crore, funded from the ₹600 crore already approved for the paints business. Commissioning is expected about 12 months after construction starts. The existing Bhiwadi plant in Rajasthan, with 73,000 kilolitres of capacity, runs at 60% utilisation, and the company expects it to reach full utilisation by FY28.

why it matters

The report matters for the wider cement sector: revenue growth alongside a narrower margin points to cost pressure while prices hold up. Earlier, the company had targeted 13–15% volume growth for FY27 after 18% growth in April–June. JK Cement shares ended nearly flat on Friday and are down 11.2% so far this year.

market impact

JK Cement shares and India's cement sector: revenue growth with a narrower margin signals cost pressure

tags

EarningsStockIndia

instruments

JK CementNSEINR

sources

  1. JK Cement Q2 results: Profit rises 8%; board approves ₹130 crore paints plant in Telangana — TradingView, 24 October 2026 at 10:23 UTC

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