JSW Cement shares surged 11.52% to Rs 142.15 during Friday’s trading session after the company reported a sharp jump in Q4FY26 earnings, driven by strong profit growth and healthy double-digit revenue expansion.
The company posted a consolidated net profit of Rs 362 crore for the March quarter, marking a massive 2,162% year-on-year increase from Rs 16 crore reported in the same period last year. The sharp rise in profitability was largely driven by a low base effect from an exceptional non-cash expense recorded in the previous year.
