JSW Cement Limited reported consolidated revenue from operations of ₹1,912 crore for the second quarter of FY27, an increase of 33% from ₹1,436 crore in the corresponding quarter of the previous financial year. Total sales volume rose 26% year-on-year to 3.93 million tonnes. Operating EBITDA for Q2 FY27 stood at ₹277.8 crore, equivalent to ₹708 per tonne, while profit after tax was ₹77.6 crore. Total EBITDA, including other income, was ₹295 crore. Net debt stood at ₹4,287 crore as of September 30, 2026.
Cement sales increased 39% year-on-year to 2.29 million tonnes, compared with 1.64 million tonnes in Q2 FY26. Ground granulated blast furnace slag (GGBS) sales rose 7% to 1.47 million tonnes from 1.38 million tonnes. The company attributed volume growth to demand across regions and higher sales in North India.
The Nagaur Integrated Unit in Rajasthan, which entered its second quarter of sales, recorded average capacity utilisation of 75% and delivered positive operating EBITDA. For the first half of FY27, total sales volume increased 20% year-on-year to 7.73 million tonnes. Cement volumes rose 33% to 4.63 million tonnes, while GGBS volumes increased 5% to 2.80 million tonnes. Revenue from operations grew 27% to ₹3,809 crore. Operating EBITDA declined 2% to ₹576 crore, with EBITDA per tonne at ₹745.
During the quarter, JSW Cement commissioned a 1 million tonne per annum grinding mill at Nagaur, taking the unit’s grinding capacity to 3.5 MTPA and clinker capacity to 3.3 MTPA. Work has begun on an additional 2.5 MTPA grinding capacity, which will take total grinding capacity at the unit to 6 MTPA. The company also commissioned waste heat recovery systems, an overland belt conveyor and alternative fuel and raw material co-processing systems at the facility. JSW Cement added 36 MW of wind capacity during the quarter, taking its total renewable capacity, including waste heat recovery, to 167 MW.
The boards of JSW Cement and its listed subsidiary Shiva Cement approved a proposed scheme to amalgamate Shiva Cement with JSW Cement. Under the scheme, eligible Shiva Cement shareholders would receive five JSW Cement equity shares of ₹10 face value for every 41 Shiva Cement shares of ₹2 face value. The transaction remains subject to regulatory, shareholder and creditor approvals and is expected to take 12–14 months, subject to timely clearances.
JSW Cement has a cement grinding capacity of 25.10 MTPA and clinkerisation capacity of 9.74 MTPA. Its portfolio includes blended cement, GGBS, ordinary Portland cement, clinker, ready-mix concrete and construction-related products. WRITE A PARAGRAPH ON JSW CEMENT
JSW Cement Limited, part of the JSW Group, is an Indian cement manufacturer with a focus on blended cement and ground granulated blast-furnace slag (GGBS). The company supplies cement for residential, commercial and infrastructure projects and is expanding its manufacturing capacity to meet rising demand. In the second quarter of FY2026-27,
