India: JSW Cement reported a net profit of US$14.5m for the three months ending 31 December 2026 – the third quarter of the 2026 Financial Year (FY2026). This represented a stark turnaround from a US$8.9m loss in the third quarter of FY2025. The company’s revenue from operations rose by 13.2% year-on-year to US$179m in the third quarter of FY2026, primarily driven by volume increases, according to a statement.
Sales volumes reached 3.56Mt for the quarter, up by 3.6% from 3.1Mt a year earlier. However, cement prices dropped by 3.9% on a quarter-on-quarter. Total expenses rose by 1.5% year-on-year, reportedly due to higher fuel costs and an increase in inter-plant transfer of raw materials.
