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JK Cement Q3 FY26 Results: Board Approves Unaudited Consolidated & Standalone Financials
JK Cement Limited
January 17, 2026, 09:19 AM
JK Cement Limited's Board approved unaudited consolidated and standalone financial results for Q3 FY26 and nine months ended December 31, 2025. The company reported an unmodified audit opinion. Key financial ratios and details on ongoing litigation with CCI were also disclosed. The amalgamation of Toshali Cements is accounted for.
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J.K. Cement Limited announced the outcome of its Board Meeting held on January 17, 2026. The Board has considered and approved the Unaudited Consolidated and Standalone Financial Results for the Third Quarter and Nine Months ended December 31, 2025.
The company also submitted the Financial Results along with a Limited Review Report from its Statutory Auditors, S.R. Batliboi & Co. LLP, which expressed an unmodified opinion. Additionally, a certificate from the Statutory Auditors regarding Security Cover, Compliance with Covenants, and book value of assets as of December 31, 2025, was provided.
Key Managerial Personnel, including Mr. Ajay Kumar Saraogi (Deputy Managing Director & Chief Financial Officer) and Ms. Bhumika Sood (Company Secretary & Compliance Officer), continue to be authorized for determining the materiality of events and making disclosures. The financial results will be available on the company's website, www.jkcement.com.
The Board meeting commenced at 1:00 p.m. (IST) and concluded at 2:08 p.m. (IST). The company confirmed that certain disclosures, such as deviations in proceeds from public issues, outstanding defaults, related party transactions, and impact of audit qualifications, were not applicable for this filing period.
Notes accompanying the financial results highlight an ongoing litigation with the Competition Commission of India (CCI) and a statutory impact of new Labour Codes amounting to ₹46.00 Crores, recognized as an exceptional item. The amalgamation of Toshali Cements Private Limited with J.K. Cement Ltd. has been accounted for from the appointed date of January 1, 2024, as per the NCLT order, leading to restatement of previous periods' standalone results.
Additional disclosures as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, were provided, including various financial ratios such as Debt Service Coverage Ratio, Interest Service Coverage Ratio, Net Worth, and Net Profit Margin. The company also confirmed maintaining over 100% asset cover for its secured Non-Convertible Debentures (NCDs).
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