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JSW Cement Ltd returned to profitability in the December quarter of FY26, reporting a net profit of INR 130.62 crore after posting a loss in the same period last year. The improvement was supported by stronger operating EBITDA, steady growth in sales volumes, and higher overall income. Revenue from operations rose over 13 per cent year-on-year, while operating EBITDA increased by more than 31 per cent. The company also reported an exceptional loss linked to the implementation of new Labour Codes, even as expenses remained largely under control.
JSW Cement Ltd reported a net profit of INR 130.62 crore for the December quarter of FY26, marking a clear turnaround from the loss recorded in the corresponding quarter of the previous financial year. The improvement was driven by better operating performance, higher sales volumes, and stronger earnings before interest, tax, depreciation, and amortisation. Advertisement
In the same quarter last year, the company had reported a loss of INR 80.22 crore, as per its regulatory filing. JSW Cement, part of the USD 23 billion JSW Group, stated that operating performance improved during the quarter under review, supported by volume-led revenue growth.
The company reported an exceptional net loss of INR 33.66 crore in the quarter, mainly linked to the implementation of the new Labour Codes. Despite this impact, profit before exceptional items and tax stood at INR 217.95 crore, reflecting underlying operational strength.
Revenue from operations rose 13.15 per cent year-on-year to INR 1,621.22 crore, compared to INR 1,432.74 crore in the corresponding quarter last year. The company indicated that the increase was primarily driven by higher volumes. Total income, including other income, grew 16.84 per cent to INR 1,707.36 crore during the quarter.
Operating EBITDA improved by 31.5 per cent on a year-on-year basis to INR 285.1 crore, translating into an operating EBITDA of INR 802 per tonne. Total sales volume increased to 3.56 million tonnes, up from 3.12 million tonnes in the year-ago quarter, reflecting steady demand across its markets.
However, cement realisations declined by 3.9 per cent on a quarter-on-quarter basis, as highlighted in the company's investor presentation. Total expenses rose marginally by 1.52 per cent to INR 1,504.10 crore. The combined cost of inputs increased slightly on a year-on-year basis, mainly due to higher blended fuel consumption costs and increased inter-plant transfer of raw materials.
JSW Cement reported net debt of INR 3,557 crore during the quarter. Capital expenditure during the period stood at INR 491 crore, reflecting continued investment in capacity expansion. As of the end of the quarter, the company's cement grinding capacity was 21.60 million tonnes per annum. It plans to expand this to 41.85 MTPA of grinding capacity, along with 13.04 MTPA of clinker capacity, strengthening its pan-India presence.
Source PTI
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