India's JSW Cement climbs on higher quarterly core profit

JSW Cement

03/09/2025 07:46

** Shares of JSW Cement JSWC.NS gain as much as 2.8% to 158 rupees

** The cement firm posts its first quarterly report following its debut in August

** Co's consol operating EBITDA or core profit jumped 39% y/y to 3.23 billion rupees (~$37 million), helped by higher prices

** Total sales volumes up 10% y/y

** Stock trades 4.4% higher than IPO issue price of 147 rupees

($1 = 87.5060 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))