JK Lakshmi Cement sees pre-tax earnings improve from Q4 on higher sales

JK Lakshmi Cement expects its pre-tax earnings or EBITDA to improve in the fourth quarter and subsequent periods on the back of rising sales realisation and growing non-trade (B2B) volumes, its President & Director Arun Kumar Shukla said on Monday.

Non-trade (Institutional) prices are firming up, demand remains strong, and costs are inching higher, which together will support better realisations compared to the December quarter.

"So, EBITDA (earnings before interest, tax, depreciation and amortisation) will be better because institutional prices have gone up, demand is better, and cost is also going up. So, I think it is going to be better than Q3 realisation-wise," he said.

Cement companies in their Q3 earnings have reported an impact on topline on account of softer cement prices due to GST reduction.

When asked about the fourth quarter, Shukla said, "I see it (Q4/FY'26) good because volume and demand are good. Since cost has gone up, prices are also inching up. So, Q4 is going .