JSW Cement Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	63,269	58,131	60,281	58,367	46,686	38,619
Other Revenue	966.16	966.16	815.05	1,434	1,877	-
Revenue	64,235	59,097	61,096	59,801	48,562	38,619
Revenue Growth (YoY)	-	-3.27%	2.17%	23.14%	25.75%	31.92%
Cost of Revenue	26,426	24,528	24,122	26,779	20,076	15,142
Gross Profit	37,809	34,569	36,974	33,022	28,486	23,477
Selling, General & Admin	18,847	18,302	18,217	17,922	14,224	10,677
Other Operating Expenses	6,674	6,650	6,343	5,493	4,787	4,425
Operating Expenses	28,748	28,111	27,890	27,147	21,395	16,888
Operating Income	9,061	6,458	9,083	5,875	7,091	6,589
Interest Expense	-3,745	-4,214	-4,075	-2,872	-2,765	-2,801
Interest & Investment Income	-	-	-	-	-	379.6
Earnings From Equity Investments	315.37	-984.73	-820.28	-186.88	-12.55	-
Currency Exchange Gain (Loss)	10.04	10.04	29.8	-	-26.75	-7.8
Other Non Operating Income (Expenses)	-406.7	-1,732	-1,686	-1,584	-388.51	-64.7
EBT Excluding Unusual Items	5,235	-462.65	2,533	1,232	3,898	4,096
Impairment of Goodwill	-	-	-162.89	-	-	-
Gain (Loss) on Sale of Investments	536	-	-126.3	-	-	-
Gain (Loss) on Sale of Assets	-13.52	-13.52	-19.82	-4.78	-3.22	-68.1
Other Unusual Items	-15,000	-	-	-	-	-354
Pretax Income	-9,204	-436.43	2,244	1,248	3,967	3,795
Income Tax Expense	2,239	1,201	1,623	208.06	1,641	1,296
Earnings From Continuing Operations	-11,442	-1,638	620.13	1,040	2,326	2,499
Minority Interest in Earnings	507.85	496.75	277.94	327.42	116.25	89.4
Net Income	-10,934	-1,141	898.07	1,368	2,443	2,588
Net Income to Common	-10,934	-1,141	898.07	1,368	2,443	2,588
Net Income Growth	-	-	-34.34%	-44.01%	-5.61%	57.12%
Shares Outstanding (Basic)	1,131	986	986	986	986	986
Shares Outstanding (Diluted)	1,131	986	1,001	1,001	994	986
Shares Change (YoY)	15.13%	-1.42%	-0.01%	0.63%	0.81%	-
EPS (Basic)	-9.66	-1.16	0.91	1.39	2.48	2.62
EPS (Diluted)	-9.67	-1.16	0.90	1.37	2.46	2.62
EPS Growth	-	-	-34.31%	-44.31%	-6.11%	56.90%
Free Cash Flow	-	-4,150	4,755	-9,806	-7,155	1,379
Free Cash Flow Per Share	-	-4.21	4.75	-9.80	-7.20	1.40
Gross Margin	58.86%	58.49%	60.52%	55.22%	58.66%	60.79%
Operating Margin	14.11%	10.93%	14.87%	9.82%	14.60%	17.06%
Profit Margin	-17.02%	-1.93%	1.47%	2.29%	5.03%	6.70%
Free Cash Flow Margin	-	-7.02%	7.78%	-16.40%	-14.73%	3.57%
EBITDA	11,636	8,973	11,520	9,139	9,110	8,173
EBITDA Margin	18.11%	15.18%	18.86%	15.28%	18.76%	21.16%
D&A For EBITDA	2,574	2,515	2,436	3,264	2,019	1,584
EBIT	9,061	6,458	9,083	5,875	7,091	6,589
EBIT Margin	14.11%	10.93%	14.87%	9.82%	14.60%	17.06%
Effective Tax Rate	-	-	72.36%	16.67%	41.36%	34.16%
Revenue as Reported	64,801	59,147	61,146	59,822	48,635	39,236
Advertising Expenses	-	821.95	849.4	816.21	754.46	528

Source: S&P Global Market Intelligence. Standard template. Financial Sources.