JSW Cement Limited has formally notified stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance. The company has communicated this development to both major Indian stock exchanges as part of its regulatory compliance obligations.

Board Meeting Details

The Board of Directors meeting has been scheduled for Wednesday, February 4, 2026, with a specific agenda to consider and approve the company's financial results. The meeting will focus on reviewing both standalone and consolidated financial statements for the reporting period.

Regulatory Compliance Framework

The board meeting notification has been issued in accordance with Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Specifically, the company has complied with Regulation 29 requirements, which mandate prior intimation of board meetings to stock exchanges when financial results are to be considered.

Trading Window Restrictions

As part of standard regulatory procedures, JSW Cement Limited has implemented trading window restrictions for designated persons. The trading window closure ensures compliance with insider trading regulations during the financial results review period.

The company had previously communicated about this trading window closure on December 23, 2025, providing advance notice to all concerned parties. This proactive communication demonstrates the company's commitment to maintaining transparency and regulatory compliance throughout the financial reporting process.

Key Highlights

• Total volume sales reached 3.11 million MT in Q2 FY26, up 14.9% year-on-year
• Revenue increased by 17.4% to Rs 1,436.40 crore
• Operating EBITDA improved by 64.2% to Rs 267.50 crore
• New 1.0 MTPA grinding unit commissioned in Sambalpur, Odisha

Financial Performance

JSW Cement 's financial performance in Q2 FY26 demonstrates robust growth and improved profitability:

The company's revenue growth was primarily driven by increased volume sales and improved cement realization. The significant jump in operating EBITDA reflects the company's focus on cost reduction initiatives and operational efficiencies.

Volume Growth and Product Mix

JSW Cement reported impressive volume growth across its product categories:

• Cement volume sold: 1.64 million MT, up 6.8% YoY
• GGBS (Ground Granulated Blast-furnace Slag) volume sold: 1.38 million MT, up 20.6% YoY

The company maintained a healthy cement trade ratio of 52% and a blended cement ratio of 67%, indicating a strong market presence and product diversification.

Capacity Expansion

In line with its pan-India expansion strategy, JSW Cement commissioned a new 1.0 MTPA grinding unit in Sambalpur, Odisha, in September 2025. This addition has increased the company's total grinding capacity to 21.60 MTPA, further strengthening its position in the Indian cement market.

Sustainability Initiatives

JSW Cement continues to lead in sustainability efforts within the cement industry:

• CO2 emission intensity: 258 kg CO2/Tonne of Cementitious Material, significantly lower than the Indian average of 535 kg/ton and global average of 562 kg/ton
• Green energy share (Renewable Energy + Waste Heat Recovery System) reached 21.4% in Q2 FY26
• The company aims to increase its green energy share to ~49% by Q4 FY26 and ~63% by FY27

Awards and Recognition

The company's commitment to excellence and sustainability has been recognized through several awards:

• CII National Award 2025 for Excellence in Energy Management (Nandyal plant)
• "Five Star Award" by Indian Bureau of Mines (Nandyal limestone mine)
• Gold Award for Highest Thermal Substitution Rate and Alternative Raw Materials Utilization (Shiva Cement)

Outlook

With its strong financial performance, ongoing capacity expansion, and focus on sustainability, JSW Cement is well-positioned to capitalize on India's growing infrastructure and housing sectors. The company's strategic initiatives align well with the country's economic growth trajectory and increasing demand for cement products.

As JSW Cement continues to expand its presence across India and improve its operational efficiencies, it remains a key player to watch in the Indian cement industry.