JK Cement targets 10% revenue growth in FY22

06 Jul 2021 CW Team

JK Cement Ltd, part of J.K. Organisation, aims a 10% increase in its revenue this fiscal, supported by the government's push for infrastructure, a good monsoon and pent-up demand for the sector, informed a top company official.

Rajnish Kapur, Chief Operating Officer, JK Cement, said that despite a drop in sales in the April-June 2021 quarter, due to the pandemic-led disruptions, JK Cement is confident and expects its growth momentum to continue in 2021-22 as well, reviving rapidly in the rest of nine months led by good growth.

Besides, the company anticipates its expansion project at Panna, Madhya Pradesh, to be completed in the next fiscal year, after which it would have a production capacity of approximately 20 million tonnes per annum (mtpa) from the current established capacity of 14.7 mtpa.

JK Cement envisions having a production capacity of 25 mtpa in the subsequent five years and is open to take "bold decisions" for expansion involving purchases, Kapur said. Work at Panna is delayed due to the Covid-19 pandemic and is now anticipated to complete in 2022.

After expansion work at Panna, a few of the existing markets will be better, and new markets will come in.

Last fiscal, JK Cement had a strong performance, as its consolidated revenue from operations was up 15% to Rs 6,233 crore, and earnings before interest, tax, depreciation and amortisation (EBITDA) moved up to Rs 1,514 crore. Its market capitalisation had expanded three times to touch $3 billion in 2020-21.

Image Source

Also read: ICRA revises cement growth outlook for FY22

Also read: Panyam Cement's revival plan receives NCLT nod

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..