JK Cement to increase cement costs in Q4
Cement

JK Cement to increase cement costs in Q4

JK Cement plans to increase the cost of cement in the fourth quarter after November and December witnessed a price drop, Rajnish Kapur of JK Cement told the media.

There was a 4% drop in costs in November, and December observed a further dip, said Kapur.

He said that Q4 is the time, and the cost increase does happen historically, additionally, because demands are at their peak. In November, they witnessed a demand decline of about 4 to 5% and a price decline of approximately 4%.

After a good growth in October, November witnessed a 20-30% drop in demand month-on-month, Kapur said, adding that it is not normal. Their margin has noticed some pressure, but it is not severe. In the next few months, however, the firm is upbeat about the demand.

The firm aims at an 8-10% volume increase in FY22. Yet, it has cut the volume growth guidance from 20-25% to 8-10% in FY22.

JK Cement shares dipped more than 2.5% at Rs 3,479 on the National Stock Exchange.

Image Source

JK Cement plans to increase the cost of cement in the fourth quarter after November and December witnessed a price drop, Rajnish Kapur of JK Cement told the media. There was a 4% drop in costs in November, and December observed a further dip, said Kapur. He said that Q4 is the time, and the cost increase does happen historically, additionally, because demands are at their peak. In November, they witnessed a demand decline of about 4 to 5% and a price decline of approximately 4%. After a good growth in October, November witnessed a 20-30% drop in demand month-on-month, Kapur said, adding that it is not normal. Their margin has noticed some pressure, but it is not severe. In the next few months, however, the firm is upbeat about the demand. The firm aims at an 8-10% volume increase in FY22. Yet, it has cut the volume growth guidance from 20-25% to 8-10% in FY22. JK Cement shares dipped more than 2.5% at Rs 3,479 on the National Stock Exchange. Image Source

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?