JSW Cement Ltd. shares are trading higher on Friday after the company reported its March quarter earnings for the financial year 2026, reporting a multifold growth in bottom line while revenue from operations saw a double-digit growth. For the March quarter, the cement giant posted a profit of Rs 371 crore, up from Rs 34 crore in the year-ago period. JSW Cement's Q4FY25 was impacted by exceptional items amounting to more than Rs 1,500 crore for the full year.
JSW Cement shares rose as much as 7.05% to a high of Rs 136.44 apiece. They are currently trading higher by 5.92% as of 9:48 am.
The company currently has 12 buy calls, two hold calls, and one sell rating.
Revenue from operations rose 10.9% year-on-year to Rs 1,895 crore from Rs 1,709 crore, while EBITDA jumped 52.5% to Rs 365 crore from Rs 240 crore. EBITDA margins expanded significantly to 19.3% from 14% - an improvement of 530 basis points year-on-year.
The company also re-appointed Nilesh Narwekar as Chief Executive Officer for a further term of three years.
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