J.K. Cement Limited plans to add 75,000 kiloliters of annual paint capacity in Telangana as quarterly revenue rose 23.65%, outpacing gains in profit and operating earnings.
The company’s wholly owned paints subsidiary, JK Maxx Paints Limited, plans to build a water-based paint plant at Raghunadhapalem in Telangana’s Suryapet district. JK Cement estimates the project will cost ₹130 crore. That spending is included in a ₹600 crore investment in the paints business previously approved by the board. The company estimates the plant could enter service roughly a year after construction begins.
JK Cement linked the capacity expansion to its forecast that the existing Bhiwadi plant will be fully utilized in FY 2027-28. The Rajasthan facility has annual capacity of 73,000 kiloliters and was operating at 60% utilization, the company said.
In its Oct. 24 results filing, JK Cement reported consolidated revenue from operations of ₹3,733.42 crore for the quarter ended Sept. 30, 2026, up from ₹3,019.20 crore a year earlier. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 13.6% to about ₹507.4 crore from ₹446.6 crore. The EBITDA margin narrowed to 13.6% from 14.8%.
Profit attributable to equity holders increased 7.8% to ₹172.99 crore from ₹160.53 crore. The company separately reported consolidated profit after tax of ₹169.30 crore, up 6.31% from ₹159.25 crore in the year-earlier quarter; the two figures refer to different profit measures.
The board approved the unaudited standalone and consolidated results on Oct. 24. JK Cement’s next scheduled event is an earnings call on Tuesday, Oct. 27, at 2:30 a.m. ET (6:30 a.m. UTC), or noon India Standard Time, according to the company’s call notice.
