Home NewsTop NewsJSW Cement’s net loss widens to ₹798.78 crore in FY26

JSW Cement’s net loss widens to ₹798.78 crore in FY26

by Constro Facilitator
JSW Cement's net loss widens to ₹798.78 crore in FY26

JSW Cement has announced a net consolidated loss after tax amounting to ₹798.78 crore for the financial year 2025-26. The loss after tax was reported at ₹163.76 crore in FY25, according to a filing with the BSE. The company’s net consolidated total income for FY26 reached ₹6,664.86 crore, reflecting a growth of 12.68 percent compared to ₹5,914.66 crore recorded in FY25.

In the fourth quarter of FY26, the net consolidated total income grew by 10.68 percent, amounting to ₹1,915.57 crore, compared to ₹1,730.79 crore in the same quarter of the previous year.

The profit after tax for Q4 FY26 was reported at ₹361.65 crore, in contrast to ₹16.21 crore in the corresponding quarter of the prior fiscal year. The board of directors has approved the re-appointment of Nilesh Narwekar as the whole-time director and CEO, effective from August 9, 2026, for a term of three years, and Sumit Banerjee as an independent director for a second consecutive term of five years, effective from July 28, 2026.

Additionally, the board has recommended a dividend of ₹0.50 (5%) per equity share of ₹10 for the financial year ending March 31, 2026. The company also intends to invest ₹430 crore through internal accruals and debt to establish an additional cement grinding capacity of 2.5 MTPA at Nagaur. The existing cement grinding capacity is 2.5 MTPA, with another 1 MTPA capacity currently under implementation. These new capacities are expected to be operational by January 2028.

During the quarter, the total volume sold increased by seven percent year-on-year to 3.99 million tonnes. Of this total, the cement volume sold was 2.35 million tonnes, indicating a year-on-year increase of 12 percent, compared to 2.10 million tonnes in Q4 FY25.

For FY2026, the total volume sold rose by 11 percent year-on-year to 13.96 million tonnes. This included a cement volume of 7.73 million tonnes, which represents a nine percent increase, while the volume of GGBS sold was 5.78 million tonnes, showing a significant year-on-year increase of 12 percent.During Q4 FY26 and FY26, the company incurred capex (including maintenance capex) of ₹506 crore and ₹1,962 crore respectively.Its net debt stood at ₹3,635 crore as on March 31, 2026.

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