JSW Cement's Profitable Turnaround: A Story of Growth and Expansion
JSW Cement Ltd reported a profit of Rs 130.62 crore for Q3 FY26, a turnaround from a loss last year. Improved EBITDA and sales volume were key contributors. Despite a decline in cement realization, revenue increased. The company plans significant capacity expansion while managing increased costs and Capex.
- Country:
- India
JSW Cement Ltd has recorded a significant turnaround with a profit of Rs 130.62 crore for the December quarter of FY26. This marks a sharp contrast to the Rs 80.22 crore loss reported in the same period last year. The company's improved EBITDA and increased sales volume were crucial factors in this positive outcome.
The regulatory filing highlights a revenue increase of 13.15% year-on-year, reaching Rs 1,621.22 crore, attributed mainly to higher sales volume. Despite a 3.9% decline in cement realization in Q3 on a quarter-on-quarter basis, the company's operating EBITDA soared by 31.5% to Rs 285.1 crore.
With an eye on growth, JSW Cement announced its plans to expand its cement grinding capacity from 21.60 MTPA to 41.85 MTPA and clinker capacity to 13.04 MTPA. This ambitious expansion comes amid managing increased input costs and a Capex of Rs 491 crore for the quarter.
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