BSEResult6d ago · 13 Aug 2026, 08:34 pm
Please find attached Unaudited Standalone & Consolidated Financial Results of the Company for the Quarter ended 30th June, 2026.
JSW Cement Ltd · 544480
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JSW Cement Ltd has announced its unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026. The company has also raised funds up to Rs. 500 crores through the issuance of rated and listed Non-Convertible Debentures on a private placement basis.
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Growth Catalyst4/10
Governance Concern2/10
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JSW Cement Ltd - 544480 - Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 30Th June, 2026.
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Cement Limited
JSW Centre
Opp. MMRDA Ground,
Bandra Kurla Comp lex,
Bandra (East), Mumbai - 400 051.
Tel : +91-22-4286 1000 Fax : 26502001
W CIe Nb s :–it e
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0 839
Date: 13.08.2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Fort, Bandra Kurla Complex, Bandra (E),
Mumbai 400 001, Mumbai - 400 051
Maharashtra, India Maharashtra, India
Scrip Code: 544480 Symbol: JSWCEMENT
Sub.: Outcome of the Board Meeting of JSW Cement Limited held on 13th August,
2026.
Ref.: Regulation 30 and other applicable provisions of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015.
Dear Sir/Madam,
This is to inform you that Board of Directors of JSW Cement Limited has, in its meeting held
today i.e. on Thursday, 13th August, 2026, inter alia considered and approved the following:
1. Unaudited Standalone and Consolidated Financial Results of the Company for the
quarter ended 30th June, 2026 (“Unaudited Financial Results”).
Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”),
please find enclosed herewith:
(i) Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th
June, 2026; and
(ii) Limited Review Report dated 30th June, 2026, issued by the Statutory Auditors of the
Company with respect to the Unaudited Financial Results and taken on record by the
Board of Directors of the Company.
Cement Limited
JSW Centre
Opp. MMRDA Ground,
Bandra Kurla Comp lex,
Bandra (East), Mumbai - 400 051.
Tel : +91-22-4286 1000 Fax : 26502001
W CIe Nb s :–it e
w 57w Mw H.js 2w 00c 6em PLe Cnt 1.i 6n
0 839
2. Raising of Funds
Raising of funds up to Rs. 500 crores through, inter-alia, the issuance of rated and listed
Non-Convertible Debentures on a private placement basis and has authorised the
Finance Committee to decide on all matters relating to the issuance of the Debentures
from time to time, including finalization and approval of the detailed terms of issue.
The Board Meeting commenced at 2:30 p.m. and concluded at 5:40 p.m.
Kindly take the same on record.
Thanking you,
Yours sincerely,
For JSW Cement Limited
Sneha Bindra
Company Secretary & Compliance Officer
Deloitte Chartered Accountants
Commerz Ill, 30th & 31st floors
Haskins & Sells LLP International Business Park
Oberoi Garden City
Off. Western Express Highway
Goregaon (East)
Mumbai-400 063
Maharashtra, India
INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED
FINANCIAL RESULTS
TO THE BOARD OF DIRECTORS OF
JSW Cement Limited
1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of JSW
Cement Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred
to as "the Group"), and its share of the net profit after tax and total comprehensive income of its
associate and joint ventures for the quarter ended June 30, 2026 ("the Statement") being submitted
by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations").
2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's
Board of Directors, has been prepared in accordance with the recognition and measurement principles
laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed
under Section 133 of the Compi'lnies Act, 2013 read with relevant rules issued thereunder and other
accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing
Regulations. Our responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial
information consists of making inquiries, primarily of Parent's personnel responsible for financial and
accounting matters and applying analytical and other review procedures. A review is substantially less
in scope than an audit conducted in accordance with Standards on Auditing specified under Section
143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that
we would become aware of all significant matters that might be identified in an audit. Accordingly, we
do not express an audit opinion.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation
33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended,
to the extent applicable.
4. The Statement includes the results of the following entities:
I. Parent:
JSW Cement Limited
II. Subsidiaries:
a. Shiva Cement Limited
b. Utkarsh Transport Private Limited
c. JSW Green Cement Private Limited
ct. Cemterra Enterprise Private Limited
e. JSW Cement Middleeast L.L.C - SPC
III. Joint venture
i. JSW One Platforms Limited (Consolidated)
JSW Cement FZC
ice: One International Center, Tower 3, 31st floor, Senapati Ba pat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India.
Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
Deloitte
Haskins & Sells LLP
IV. Associate
JSW Renewable Energy (Cement) Limited
5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based
on the consideration of the review reports of the other auditors referred to in paragraph 6 below,
nothing has come to our attention that causes us to believe that the accompanying Statement,
prepared in accordance with the recognition and measurement principles laid down in the aforesaid
Indian Accounting Standard and other accounting principles generally accepted in India, has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in
which it is to be disclosed, or that it contains any material misstatement.
6. We did not review the interim financial results of 4 subsidiaries included in the consolidated unaudited
financial results, whose interim financial results reflect total revenue of Rs. 331.58 crores for the
quarter ended June 30, 2026, total net loss after tax of Rs. 20.54 crores for the quarter ended June
30, 2026, total comprehensive loss of Rs. 19. 77 crores for the quarter ended June 30, 2026, as
considered in the Statement. The consolidated unaudited financial results also includes the Group's
share of profit after tax of Rs. 12. 72 crores for the quarter ended June 30, 2026, and total
comprehensive income of Rs. 12. 72 crores for the quarter ended June 30, 2026 as considered in the
Statement, in respect of 1 joint venture and 1 associate, whose interim financial results have not been
reviewed by us. These interim financial results have been reviewed by other auditors whose reports
have been furnished to us by the Management and our conclusion on the Statement, in so far as it
relates to the amounts and disclosures included in respect of these subsidiaries, joint venture and
associate, is based solely on the reports of the other auditors and the procedures performed by us as
stated in paragraph 3 above.
Our conclusion on the Statement is not modified in respect of this matter.
7. The consolidated unaudited financial results includes the interim financial results of 1 subsidiary which
has not been reviewed by their auditor, whose interim financial results reflect total revenue of Rs. NIL
for the quarter ended June 30, 2026, total loss after tax of Rs. 8,931 for
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