JK Cement Q2 results: Profit rises 8%; board approves ₹130 crore paints plant in Telangana
Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
JK Cement reported higher profit and revenue in its September quarter and announced a sizable investment in a new paints plant, signalling growth that could affect shareholders and the regional economy.
JK Cement's September quarter profit rose 8% year-on-year to ₹173 crore, while revenue increased 24% to ₹3,733.4 crore. Its subsidiary, JK Maxx Paints, will set up a 75,000 KLPA water-based paints plant in Telangana with an estimated investment of ₹130 crore.
JK Cement is one of India’s leading cement manufacturers, and its subsidiary JK Maxx Paints produces water‑based paints; expanding capacity in Telangana reflects broader diversification and infrastructure development trends in the country.
- •Monitor the timeline for construction and commissioning of the Telangana paints plant
- •Watch for any updates on how the new plant will contribute to JK Cement’s future earnings
- •Follow any further investment or expansion plans announced by the company