JSW Cement shares surged over 9% on February 5 after the company reported a strong turnaround in its Q3FY26 financial performance, marking a return to profitability. The stock climbed to an intraday high of ₹127 following the announcement. For the quarter ended December 2025, JSW Cement posted a net profit of ₹130.6 crore, reversing a loss of ₹80.22 crore reported in the same period last year. Revenue from operations rose 13% year-on-year to ₹1,621 crore, supported by a 14% increase in cement volumes to 3.56 million tones. Operating performance also improved, with EBITDA rising 32% to ₹285.1 crore and margins expanding to 17.6%.
The company continued to push ahead with its expansion plans, targeting 41.85 MTPA grinding capacity and 13.04 MTPA clinker capacity in the medium term. In a key strategic move, JSW Cement’s board approved the formation of a wholly owned subsidiary in Fujairah, UAE, to set up a 1.65 MTPA cement grinding unit with an estimated investment of $39 million.
