The company reported positive numbers across all parameters.
Its net profit surged to ₹371.3 crore in the March quarter from 34.2 crore last year. The profitability during the quarter was aided by a tax write-back of ₹147 crore in the fourth quarter compared to an expense of ₹59.5 crore in the year-ago period.
Even adjusted for the Tax write-back, the profitability figure is significantly higher compared to last year.
The company’s revenue increased by 11% at ₹1,895 crore from ₹1,709.4 crore in the fourth quarter last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 52% at ₹365 crore from ₹240 crore last year, while margins expanded by over 500 basis points to 19.3% from 14% in the year-ago period.
The company also recommended a dividend of ₹0.5 per equity share of ₹10 each for the financial year 2026.
JSW Cement also informed the exchanges of a 2.5 MTPA GU capacity addition at its Greenfield integrated unit in Nagaur, Rajasthan.
It said the current cement griding capacity at Nagaur is 2.5 MTPA with another 1 MTPA griding capacity under implementation. The company’s board on Thursday approved the setting up of an additional cement grinding capacity of 2.5 MTPA at Nagaur, with a view to increase utilization of the Nagaur clinker line and with the aim to make Nagaur largely self-sufficient in this regard.
Shares of JSW Cement are trading 8.4% higher after the results announcement at ₹131. The stock is still trading below its issue price of ₹147.
Also Read: Honeywell Automation shares surge over 11% after JM Financial upgrades, sees 46% upside
