JK Cement Secures 350-Hectare Limestone Block in MP, Boosts Raw Material Security

• JK Cement Ltd declared preferred bidder for Itauri-Jharkua limestone block in Panna, Madhya Pradesh.
• The company secured the block through an e-auction conducted by the Government of Madhya Pradesh.
• The limestone block spans approximately 350 hectares and will be allotted under a mining lease, pending approvals.
• This development is expected to enhance JK Cement's raw material security for cement production.
• Despite this, the company reported a 23% YoY fall in Q3 net profit to ₹57 crore; shares declined 1.77%.