| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,912 | 1,436 | +33.1% |
| EBITDA | 278 | 268 | +3.8% |
| EBITDA margin | 14.5% | 18.6% | −4.1 pts |
| Profit before tax | 80.7 | 111 | −27.5% |
| Net profit | 77.6 | 75.4 | +3.0% |
| EPS | ₹0.63 | ₹0.71 | −11.3% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 |
|---|
| 1,912 | 1,896 | 1,895 | 1,621 | 1,436 | 1,560 | |
| 17.2 | 73.8 | 20.6 | 86.1 | 23.6 | 22.1 | |
| 1,929 | 1,970 | 1,916 | 1,707 | 1,460 | 1,582 | |
Expenses | ||||||
| 447 | 444 | 465 | 386 | 319 | 362 | |
| 46.7 | 34.9 | 27.3 | 27.2 | 21.5 | 14.3 | |
| −58.9 | 24.9 | 6.8 | 0.7 | −22.2 | 23.3 | |
| 100 | 97.7 | 85.8 | 90.6 | 84.2 | 81.3 | |
| 114 | 97.4 | 88.8 | 86.7 | 100 | 102 | |
| 99.8 | 97.5 | 83.6 | 81.2 | 79.5 | 77.9 | |
| 1,099 | 997 | 945 | 831 | 766 | 757 | |
| 1,849 | 1,793 | 1,702 | 1,504 | 1,349 | 1,417 | |
| 278 | 299 | 365 | 285 | 268 | 323 | |
| 178 | 201 | 281 | 204 | 188 | 245 | |
Profit | ||||||
| 80.7 | 177 | 213 | 203 | 111 | 165 | |
| 0.0 | 0.0 | −4.4 | −33.7 | 0.0 | −1,466 | |
| 80.7 | 177 | 209 | 170 | 111 | −1,302 | |
| 18.9 | 20.4 | −6.0 | 1.9 | 3.0 | 4.8 | |
| 4.2 | 16.4 | −141 | 51.8 | 42.9 | 59.9 | |
| 23.1 | 36.7 | −147 | 53.7 | 45.9 | 64.8 | |
| 20.0 | 12.7 | 6.1 | 14.7 | 9.9 | 0.1 | |
| 77.6 | 153 | 362 | 131 | 75.4 | −1,366 | |
| 57.6 | 141 | 356 | 116 | 65.5 | −1,367 | |
| −17.2 | 29.2 | 2.3 | −8.5 | 4.4 | −2.4 | |
| 60.5 | 183 | 364 | 122 | 79.7 | −1,369 | |
| 85.4 | 161 | 371 | 142 | 86.4 | −1,356 | |
| −7.7 | −7.2 | −9.7 | −11.5 | −11.1 | −10.2 | |
Per share | ||||||
| ₹0.63 | ₹1.20 | ₹2.77 | ₹1.06 | ₹0.71 | −₹13.75 | |
| ₹0.63 | ₹1.19 | ₹2.75 | ₹1.05 | ₹0.70 | −₹13.75 | |
Other comprehensive income — detail | ||||||
| −17.2 | 29.2 | 2.3 | −8.5 | 4.4 | −2.4 | |
| −22.6 | 32.8 | −2.1 | −12.3 | 2.4 | −4.3 | |
| −3.2 | 5.2 | −0.3 | −1.7 | 0.3 | −0.7 | |
| 2.2 | 1.9 | 3.7 | 2.2 | 1.9 | 1.7 | |
| 0.0 | 0.3 | −0.5 | 0.2 | −0.5 | 0.5 | |
| 68.1 | 190 | 374 | 134 | 90.8 | −1,359 | |
| −7.7 | −7.0 | −9.7 | −11.5 | −11.0 | −10.3 | |
Per share — as-filed variants | ||||||
| ₹0.63 | ₹1.20 | ₹2.77 | ₹1.06 | ₹0.71 | −₹13.75 | |
| ₹0.63 | ₹1.19 | ₹2.75 | ₹1.05 | ₹0.70 | −₹13.75 | |
Derived — gross profit (revenue − materials − purchases − Δ inventories) | ||||||
| 1,477 | 1,393 | 1,396 | 1,207 | 1,118 | 1,161 | |
| 77.3% | 73.5% | 73.7% | 74.4% | 77.8% | 74.4% | |
Adjusted (ex-exceptional items) — derived | ||||||
| 80.7 | 177 | 213 | 203 | 111 | 165 | |
| 0.0 | 0.0 | −4.4 | −33.7 | 0.0 | −1,466 | |
| 77.6 | 153 | 366 | 154 | 75.4 | 100.0 | |
| ₹0.63 | ₹1.20 | ₹2.80 | ₹1.25 | ₹0.71 | ₹1.01 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,559.8 | 1,436.4 | 1,621.2 | 1,895.0 | 1,896.4 | 1,912.2 | |
| Other Income | 22.1 | 23.6 | 86.1 | 20.6 | 73.8 | 17.2 | |
| Total Income | 1,581.9 | 1,460.1 | 1,707.4 | 1,915.6 | 1,970.2 | 1,929.3 | |
| Expenses | |||||||
| + Cost of Materials Consumed | 361.6 | 319.2 | 386.5 | 464.6 | 443.7 | 447.0 | |
| + Purchases of Stock-in-Trade | 14.3 | 21.5 | 27.2 | 27.3 | 34.9 | 46.7 | |
| + Changes in Inventories | 23.3 | -22.2 | 0.7 | 6.8 | 24.9 | -58.9 | |
| + Employee Benefit Expense | 81.3 | 84.2 | 90.6 | 85.8 | 97.7 | 100.2 | |
| + Finance Costs | 102.2 | 100.3 | 86.7 | 88.8 | 97.4 | 114.5 | |
| + Depreciation & Amortisation | 77.9 | 79.5 | 81.2 | 83.6 | 97.5 | 99.8 | |
| + Other Expenses | 756.8 | 766.2 | 831.1 | 945.4 | 996.7 | 1,099.4 | |
| Total Expenses | 1,417.3 | 1,348.7 | 1,504.1 | 1,702.3 | 1,792.8 | 1,848.6 | |
| EBITDA | 322.7 | 267.5 | 285.0 | 365.1 | 298.6 | 277.8 | |
| EBIT | 244.7 | 188.0 | 203.8 | 281.5 | 201.0 | 178.0 | |
| Profit | |||||||
| PBT before Exceptional Items | 164.6 | 111.3 | 203.3 | 213.3 | 177.4 | 80.7 | |
| + Exceptional Items | -1,466.4 | 0.0 | -33.7 | -4.4 | 0.0 | 0.0 | |
| Pretax Income | -1,301.8 | 111.3 | 169.6 | 208.8 | 177.4 | 80.7 | |
| + Current Tax | 4.8 | 3.0 | 1.9 | -6.0 | 20.4 | 18.9 | |
| + Deferred Tax | 59.9 | 42.9 | 51.8 | -140.7 | 16.4 | 4.2 | |
| Tax Expense | 64.8 | 45.9 | 53.7 | -146.8 | 36.7 | 23.1 | |
| + Share of Associates & JVs | 0.1 | 9.9 | 14.7 | 6.1 | 12.7 | 20.0 | |
| Net Income | -1,366.4 | 75.4 | 130.6 | 361.7 | 153.4 | 77.6 | |
| + Net Income — Continuing Ops | -1,366.5 | 65.5 | 115.9 | 355.6 | 140.7 | 57.6 | |
| + Other Comprehensive Income | -2.4 | 4.4 | -8.5 | 2.3 | 29.2 | -17.2 | |
| Total Comprehensive Income | -1,368.8 | 79.7 | 122.1 | 363.9 | 182.7 | 60.5 | |
| Net Income to Common | -1,356.2 | 86.4 | 142.1 | 371.3 | 160.6 | 85.4 | |
| Minority Interest | -10.2 | -11.1 | -11.5 | -9.7 | -7.2 | -7.7 | |
| Per Share | |||||||
| Basic EPS | -13.75 | 0.71 | 1.06 | 2.77 | 1.20 | 0.63 | |
| Diluted EPS | -13.75 | 0.70 | 1.05 | 2.75 | 1.19 | 0.63 | |
| Other Comprehensive Income — detail | |||||||
| + Other Comprehensive Income | -2.4 | 4.4 | -8.5 | 2.3 | 29.2 | -17.2 | |
| + Items NOT to be Reclassified to P&L | -4.3 | 2.4 | -12.3 | -2.1 | 32.8 | -22.6 | |
| + Tax on Items NOT to be Reclassified | -0.7 | 0.3 | -1.7 | -0.3 | 5.2 | -3.2 | |
| + Items to be Reclassified to P&L | 1.7 | 1.9 | 2.2 | 3.7 | 1.9 | 2.2 | |
| + Tax on Items to be Reclassified | 0.5 | -0.5 | 0.2 | -0.5 | 0.3 | 0.0 | |
| Comprehensive Income — Owners of Parent | -1,358.5 | 90.8 | 133.6 | 373.6 | 189.6 | 68.1 | |
| Comprehensive Income — Non-controlling Interests | -10.3 | -11.0 | -11.5 | -9.7 | -7.0 | -7.7 | |
| Per Share — as-filed variants | |||||||
| Basic EPS — Continuing Operations | -13.75 | 0.71 | 1.06 | 2.77 | 1.20 | 0.63 | |
| Diluted EPS — Continuing Operations | -13.75 | 0.70 | 1.05 | 2.75 | 1.19 | 0.63 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | |||||||
| Gross Profit | 1,160.7 | 1,117.9 | 1,206.8 | 1,396.2 | 1,392.9 | 1,477.4 | |
| Gross Margin % | 74.41 | 77.83 | 74.44 | 73.68 | 73.45 | 77.26 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||
| Pretax Income (Adjusted, as filed) | 164.6 | 111.3 | 203.3 | 213.3 | 177.4 | 80.7 | |
| − Exceptional Items (reconciliation) | -1,466.4 | 0.0 | -33.7 | -4.4 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | 100.0 | 75.4 | 153.6 | 366.1 | 153.4 | 77.6 | |
| EPS Adj | 1.01 | 0.71 | 1.25 | 2.80 | 1.20 | 0.63 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | |
| Paid Up Equity Capital | 986.4 | 1,334.3 | 1,338.6 | 1,341.3 | 1,350.4 | 1,352.7 | |
JSW Cement (NSE: JSWCEMENT) reported its Q2 FY27 results (July–September 2026). Consolidated net profit attributable to shareholders was ₹85.4 crore, down 1.2% from ₹86.4 crore in Q2 FY26 and down 46.9% from ₹161 crore in Q1 FY27. Revenue from operations was ₹1,912 crore, up 33.1% year on year and up 0.8% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹85.4 crore, down 1.2% from ₹86.4 crore in Q2 FY26 and down 46.9% from ₹161 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹77.6 crore.
Revenue grew from a year earlier while net profit fell: revenue was up 33.1% at ₹1,912 crore, and net profit was down 1.2% at ₹85.4 crore. The operating margin was 9.3%, down 3.8 percentage points from 13.1% a year earlier. Against Q1 FY27, net profit was down 46.9% and revenue up 0.8%.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹178 crore, a margin of 9.3%, against 10.6% in Q1 FY27 and 13.1% in Q2 FY26. EBITDA was ₹278 crore, 14.5% of revenue.
Revenue from operations was ₹1,912 crore, up 33.1% year on year and up 0.8% from the previous quarter.
Basic earnings per share were ₹0.63, against ₹0.71 in Q2 FY26.
Consolidated net profit attributable to shareholders was a loss of ₹756 crore in FY26 (April 2025–March 2026).
Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹246 crore, against a loss of ₹1,270 crore in the same months a year earlier. Revenue from operations was ₹3,809 crore, up 27.1%.
Net profit attributable to shareholders by quarter: ₹142 crore in Q3 FY26, ₹371 crore in Q4 FY26, ₹161 crore in Q1 FY27 and ₹85.4 crore in Q2 FY27. That is ₹759 crore over the four quarters. Revenue from operations: ₹1,621 crore, ₹1,895 crore, ₹1,896 crore and ₹1,912 crore.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
JSW Cement's net profit margin was 4.5% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 6.0% in Q2 FY26 (down 1.6 percentage points). For FY26 as a whole it was −11.6%.
Revenue from operations was ₹6,512 crore in FY26 (April 2025–March 2026).
From JSW Cement's own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.