JSW Cement shares surged more than 8% in early morning trade after the company reported a sharp improvement in its financial performance for the December quarter, driven by robust operational efficiency and margin expansion. The strong Q3 results boosted investor confidence, placing the stock firmly in focus during today’s session.
JSW Cement posted consolidated revenue growth of 13.1% year-on-year for Q3, with revenue rising to Rs 1,621 crore compared with Rs 1,433 crore in the corresponding quarter last year. The steady rise in revenue reflected improved volumes and better pricing conditions across key markets.
Operating performance saw a significant turnaround during the quarter. EBITDA jumped 91.3% year-on-year to Rs 285 crore from Rs 149 crore in Q3 of the previous financial year. This sharp increase was supported by cost optimisation measures, improved capacity utilisation, and easing input cost pressures.
Margin expansion remained a key highlight of the quarterly performance. EBITDA margin improved by 722 basis points to 17.6% in Q3, compared with 10.4% recorded in the same period last year, underscoring a meaningful improvement in operating efficiency.