JK Cement is aiming up to 10 per cent growth in its revenue this fiscal, helped by the government's push for infrastructure, a good monsoon and pent-up demand for the sector. JK Cement is optimistic and eyeing growth momentum to continue in 2021-22, recovering quickly in the rest of nine months led by a good growth, despite a blip in sales in the April-June 2021 quarter on account of pandemic-led disruptions.
Besides, the company is also eyeing expansion project at Panna, Madhya Pradesh, to be completed in the next financial year; after which, it would have a manufacturing capacity of nearly 20 million tonnes per annum (MTPA) from the current installed capacity of 14.7 MTPA.
JK Cement is one of the largest cement manufacturers in north India. It is also second largest producer of white cement in India. The company exports white cement to countries like South Africa, Nigeria, Singapore, Bahrain, Bangladesh, Sri Lanka, Tanzania, UAE and Nepal.
