JSWCEMENT / language trends

Read confidence between the lines.

JSW Cement · tone and specificity signals across the available quarters.

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Language signals

What changed in management language.

Q2-FY26 · Narendra Singh

Operating EBITDA for the quarter was rupees 267.5 crores. A very substantial 64% YoY improvement against a weak base last year. Our operating EBITDA margin stands at 18.6% in the quarter which is a jump of 5.3% over the same quarter last year.

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Q2-FY26 · Narendra Singh

We are confident of achieving our H2 targets and therefore for FY26 we are now aiming for mid-teens percentage volume growth over FY25.

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Q2-FY26 · Narendra Singh

Revenue guidance will be a challenge that's more dependent on the pricing. I think we better not speak on that. It's a game of pricing as you understand.

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Q3-FY26 · Nillesh Narvekar

JSW Cement remains among the fastest growing cement companies in India in terms of sales volumes. Our goal is to continue with this growth trajectory over the next few years as we build and ramp up our new capacities.

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Q3-FY26 · Nillesh Narvekar

We are targeting similar growth for cement and GGBS. In fact GGBS we are targeting a much higher growth because of the acceptance in larger market segments. We are expecting a higher growth in GGBS but yes cement we would like to get it in line with whatever we are doing as per the industry. We will definitely outperform the industry.

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Q3-FY26 · Nillesh Narvekar

We continue to have the lowest CO2 emission intensity in the cement industry with scope one and scope 2 emission intensity at 270 kg per ton of cementitious material in Q3.

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