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JSW Cement Posts Strong Q3 Profit Turnaround
5 Feb
Summary
- JSW Cement reported a net profit of ₹130.6 crore in Q3FY26, a significant turnaround.
- Revenue grew 13% year-on-year to ₹1,621 crore, driven by a 14% rise in cement volumes.
- The company plans a new cement unit in Fujairah, UAE, marking its international debut.
JSW Cement achieved a significant financial turnaround in the quarter ending December 2026 (Q3FY26), reporting a net profit of ₹130.6 crore. This marks a substantial recovery from a loss of ₹80.22 crore in the same quarter of the previous year.
The company's revenue from operations saw a healthy 13% year-on-year increase, reaching ₹1,621 crore in Q3FY26. This growth was primarily fueled by a 14% rise in cement volumes, which totaled 3.56 million tonnes, up from 3.12 million tonnes previously.
JSW Cement's operational performance also showed considerable strength, with EBITDA growing 32% year-on-year to ₹285.1 crore, resulting in an operating margin of 17.6%. The company continues to pursue its expansion strategy for a pan-India presence.
In a strategic move, JSW Cement's board approved the formation of a wholly owned subsidiary in Fujairah, UAE. This subsidiary will establish a 1.65 MTPA cement grinding unit, representing the company's first venture into overseas markets with an estimated investment of $39 million.
