MUMBAI — JSW Cement Limited, one of India’s leading eco-friendly cement companies, today announced its consolidated financial results for the first quarter ended June 30, 2026. The company reported a strong top-line performance with revenue from operations surging 22% Year-on-Year (YoY) to ₹1,896 crore, up from ₹1,560 crore in Q1 FY26. Total sales volume reached 3.81 million tonnes (MT), marking a 15% YoY growth, supported by sustained demand in core markets and the successful commercial launch of operations in Northern India. The company registered an Operating EBITDA of ₹298.6 crore and a Profit After Tax (PAT) of ₹153.4 crore for the quarter. Net debt as of June 30, 2026, stood at ₹3,856 crore.
Operational highlights for the quarter reflect robust demand across product lines. Pure cement sales volume grew by 27% YoY to 2.34 MT compared to 1.85 MT in Q1 FY26, while Ground Granulated Blast Furnace Slag (GGBS) volumes rose 3% YoY to 1.33 MT. A major milestone during the quarter was the commercial rollout of sales from the newly commissioned integrated unit in Nagaur, Rajasthan. The unit, which features a 3.3 MTPA clinker capacity and a 2.5 MTPA grinding capacity, commenced sales in April 2026 across Rajasthan and Haryana, achieving an average capacity utilization of 55% in its initial quarter. Excluding Northern operations, Operating EBITDA stood at ₹336 crore (₹979 per tonne), reflecting steady profitability in established geographies.
In line with its long-term growth roadmap, JSW Cement continues to advance its strategic capital expenditure, incurring ₹337 crore during Q1 FY27. Key projects underway at Nagaur include the installation of WHRS, OLBC, and AFR co-processing systems, along with ongoing work on expanding grinding capacity to 6.0 MTPA. Demonstrating its commitment to sustainability, the company added 56 MW of wind power during the quarter, taking its total renewable capacity to 112 MW. JSW Cement maintained the industry’s lowest carbon dioxide emission intensity at 338 kg $CO_2$ per tonne of cementitious material in Q1 FY27, earning prominent recognitions including the Global ESG Award 2026 (Diamond) in the Circular Economy category.