The year gone by was yet another reflection of JK Cement’s intrinsic strength and resilience to withstand external challenges. We not only managed to deliver robust operational as well as financial performance, but also remained steadfast on commitment to deliver sustainable growth. Amid a sharp increase in raw material costs and pricing pressure, we brought our expanded capacities on stream as planned, continued to make steady progress towards realising our ambitions. In addition, we opened new windows of opportunities by foraying into the paints business through the inorganic route. We now have a comprehensive portfolio spanning grey cement, white cement (WhitemaxX), value added products like wall putty, gypsum plaster, tile adhesives and grouts, wood finishes and paints.
Growth with purpose has been the cornerstone of JK Cement’s journey since inception, and it gives me immense pleasure to report you that the year gone by was no exception. Amid inflation pressures and intensifying competition, we delivered industry-leading double-digit volume growth while maintaining the trade mix, completed our expansion projects on schedule, and stayed on track to our business and 2030 sustainability targets. This robust performance speaks volumes about our core belief of under-committing and over-achieving.