Latest news with #JKCementLtd.
Business Upturn
30-07-2025
- Business
- Business Upturn
JK Cement becomes first in India to launch LC-3 Cement, rargeting 40% lower CO₂ emissions
JK Cement Ltd. has achieved a significant milestone by becoming the first company in India and the entire Indian subcontinent to commercially produce and dispatch LC-3 cement (Portland Calcined Clay Limestone Cement). The launch took place at its Mangrol unit in Chittorgarh, Rajasthan. LC-3 is a next-generation sustainable cement variant manufactured under IS 18189:2023 and certified by BIS (Bureau of Indian Standards). The product reduces carbon dioxide emissions by up to 40% compared to Ordinary Portland Cement (OPC), reinforcing JK Cement's long-term commitment to climate-conscious construction and green infrastructure. Advertisement The newly launched LC-3 cement is composed of: Clinker: 50% Calcined Clay: 30% Limestone: 15% This innovative formulation not only makes it environmentally friendly but also well-suited for large infrastructure projects. JK Cement aims to cater to marquee infrastructure developments across Maharashtra, Gujarat, Madhya Pradesh, and other key markets in India. The company emphasized that this initiative aligns with its broader sustainability strategy, built on four pillars: Decarbonization Circular Economy Resource Efficiency Sustainable Innovation 'This is a key step in our ongoing journey to revolutionize sustainable construction in India. The commercial rollout of LC-3 will significantly contribute to emission reduction while also offering long-term financial and operational benefits,' the company said in its regulatory filing. The information has also been made available on JK Cement's website:
Economic Times
11-06-2025
- Business
- Economic Times
Buy JK Cement, target price Rs 5,850: JM Financial
JM Financial has a buy call on JK Cement with a target price of Rs 5,850. The current market price of JK Cement Ltd. is Rs 5,799.75. JK Cement, incorporated in 1994, is a Mid Cap company with a market cap of Rs 44165.76 crore, operating in the Cement sector. ADVERTISEMENT JK Cement's key products/revenue segments include Cement and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 3627.06 crore, up 21.92 % from last quarter Total Income of Rs 2974.83 crore and up 15.09% from last year same quarter Total Income of Rs 3151.45 crore. The company has reported net profit after tax of Rs 361.39 crore in the latest quarter. The company's top management includes Devi Singhania, Mahajan, Jalan, Sinha, Kumar Sharma, Gopalan Wadhwa, Chandra, Heinz Hugentobler, Aggarwal, Kumar Saraogi, Mr. Madhavkrishna Singhania, Singhania, Singhania, Sethi. Company has S R Batliboi & Co. LLP as its auditors. As on 31-03-2025, the company has a total of 8 crore shares outstanding. Promoter/FII Holdings Promoters held 45.68 per cent stake in the company as of 31-Mar-2025, while FIIs owned 16.14 per cent, DIIs 24.5 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
