JK Lakshmi Cement Q3 Profit Dips 23% Despite Revenue Growth; Major Expansion Underway

• JK Lakshmi Cement reported a 23% year-on-year dip in Q3 net profit to ₹57 crore, down from ₹74 crore.
• Revenue from operations increased by 6.3% to ₹1,588 crore, compared to ₹1,496 crore in the previous year.
• EBITDA saw a slight increase of 2.1% to ₹205.5 crore, but the EBITDA margin decreased to 12.9% from 13.4%.
• The company is undertaking significant expansion, including a ₹325 crore railway siding at Durg and a ₹3,000 crore project to boost clinker and grinding capacity across Durg, Prayagraj, Madhubani, and Patratu.
• Expansion plans include adding 2.3 MTPA clinker capacity and 8 MTPA grinding capacity, expected to be completed by March 2028.

Why It Matters: JK Lakshmi Cement's Q3 profit fell due to lower margins, but the company is investing heavily in expansion.