JSW Cement Ltd Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

1,621.22

1,436.43

1,559.82

1,709.39

1,432.74

1,223.71

1,447.23

Other Operating Income

0.00

Total Operating income

1,621.22

1,436.43

1,559.82

1,709.39

1,432.74

1,223.71

1,447.23

Raw Material Cost

386.49

319.19

361.60

400.15

364.21

294.37

370.04

Purchase of Finished goods

27.24

21.47

14.29

14.01

9.76

5.81

7.87

(Increase) / Decrease In Stocks

0.73

-22.16

23.27

36.81

-29.58

29.59

-43.63

Employee Cost

90.58

84.21

81.26

95.80

85.06

88.60

100.02

Power Cost

236.46

225.76

212.41

238.31

211.25

168.90

228.40

Manufacturing Expenses

374.82

328.36

363.44

401.50

346.01

290.08

358.43

Selling and Distribution Expenses

0.00

Other Expenses

219.86

212.08

180.90

282.66

297.48

221.20

226.23

Total Expenditure (Excl Depreciation)

1,336.18

1,168.91

1,237.17

1,469.24

1,284.19

1,098.55

1,247.36

Operating Profit (PBDIT) excl Other Income

285.04

267.52

322.65

240.15

148.55

125.16

199.87

Other Income

86.14

23.63

22.05

21.40

28.49

27.38

24.32

Operating Profit (PBDIT)

371.18

291.15

344.70

261.55

177.04

152.54

224.19

Interest

86.72

100.28

102.16

114.10

116.39

109.37

110.29

Exceptional Items

-33.66

0.00

-1,466.38

0.00

Gross Profit (PBDT)

250.80

190.87

-1,223.84

147.45

60.65

43.17

113.90

Depreciation

81.20

79.53

77.93

78.51

80.97

76.83

74.03

Profit Before Tax

184.29

121.25

-1,301.64

75.75

-53.01

-74.52

8.14

Tax

53.67

45.89

64.77

59.54

27.21

1.30

32.07

Provisions and contingencies

0.00

Profit After Tax

115.93

65.45

-1,366.54

9.40

-47.53

-34.96

7.80

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

115.93

65.45

-1,366.54

9.40

-47.53

-34.96

7.80

Share in Profit of Associates

14.69

9.91

0.13

6.81

-32.69

-40.86

-31.73

Minority Interest

-11.47

-11.07

-10.24

-18.01

-11.43

-8.81

Other related items

0.00

Consolidated Net Profit

142.09

86.43

-1,356.17

34.22

-68.79

-64.39

-15.12

Equity Capital

1,338.58

1,334.33

986.35

Face Value

10.0

Reserves

0.00

Earnings per share (EPS)

1.06

0.65

-13.75

0.35

-0.7

-0.65

-0.15

Diluted Earnings per share

1.05

0.7

-13.75

0.34

-0.7

-0.65

-0.15

Operating Profit Margin (Excl OI)

17.58%

18.62%

20.69%

14.05%

10.37%

10.23%

13.81%

Gross Profit Margin

15.47%

13.29%

-78.46%

8.63%

4.23%

3.53%

7.87%

PAT Margin

8.06%

5.25%

-87.6%

0.95%

-5.6%

-6.2%

-1.65%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Dec 2025 is 11.83% vs -8.51% in Sep 2025

Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 55.78% vs 107.20% in Sep 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Dec 2025 is 7.06% vs -19.59% in Sep 2025

Interest

QoQ Growth in quarter ended Dec 2025 is -19.35% vs -2.92% in Sep 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

Compare Quarterly Results Of JSW Cement With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

1,621.22

2,238.74

-617.52

-27.58%

Other Operating Income

0.00

Total Operating income

1,621.22

2,238.74

-617.52

-27.58%

Raw Material Cost

386.49

452.42

-65.93

-14.57%

Purchase of Finished goods

27.24

0.16

27.08

16,925.00%

(Increase) / Decrease In Stocks

0.73

44.74

-44.01

-98.37%

Employee Cost

90.58

151.25

-60.67

-40.11%

Power Cost

236.46

462.67

-226.21

-48.89%

Manufacturing Expenses

374.82

475.01

-100.19

-21.09%

Selling and Distribution Expenses

0.00

Other Expenses

219.86

264.48

-44.62

-16.87%

Total Expenditure (Excl Depreciation)

1,336.18

1,850.73

-514.55

-27.80%

Operating Profit (PBDIT) excl Other Income

285.04

388.01

-102.97

-26.54%

Other Income

86.14

6.54

79.60

1,217.13%

Operating Profit (PBDIT)

371.18

394.55

-23.37

-5.92%

Interest

86.72

111.38

-24.66

-22.14%

Exceptional Items

-33.66

0.00

-33.66

Gross Profit (PBDT)

250.80

283.17

-32.37

-11.43%

Depreciation

81.20

183.34

-102.14

-55.71%

Profit Before Tax

184.29

99.83

84.46

84.60%

Tax

53.67

24.03

29.64

123.35%

Provisions and contingencies

0.00

Profit After Tax

115.93

75.80

40.13

52.94%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

115.93

75.80

40.13

52.94%

Share in Profit of Associates

14.69

2.08

12.61

606.25%

Minority Interest

-11.47

0.54

-12.01

-2,224.07%

Other related items

0.00

Consolidated Net Profit

142.09

77.34

64.75

83.72%

Equity Capital

1,338.58

23.63

1,314.95

5,564.75%

Face Value

10.00

1.00

0.00

Reserves

0.00

Earnings per share (EPS)

1.06

3.27

-2.21

-67.58%

Diluted Earnings per share

1.05

3.27

-2.22

-67.89%

Operating Profit Margin (Excl OI)

17.58%

17.33%

0.00

0.25%

Gross Profit Margin

15.47%

12.65%

0.00

2.82%

PAT Margin

8.06%

3.39%

0.00

4.67%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 1,478.67 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 11.83% vs -8.51% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 8.66%

Quarterly - Standalone Net Profit

Standalone Net Profit 149.46 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 55.78% vs 107.20% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 5,594.85%

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 275.75 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 7.06% vs -19.59% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 71.41%

Quarterly - Interest

Interest 67.80 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is -19.35% vs -2.92% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -30.40%

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 18.65%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

YoY Growth in quarter ended Dec 2025 has improved from Dec 2024