5444802025-04-012025-06-305444802025-04-012025-06-30in-capmkt:OtherExpenses1Member5444802025-04-012025-06-30in-capmkt:OtherExpenses2Member5444802025-04-012025-06-30in-capmkt:OtherExpenses3Member5444802025-04-012025-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15444802025-04-012025-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares544480JSWCEMENTNOTLISTEDINE718I01012JSW CEMENT LIMITEDMain BoardEquity2025-04-012026-03-312025-09-022025-08-28INRCroresQuarterlyFirst quarterSingle segmentCement and cement related products2025-09-0214:00:002025-09-0216:45:00Not applicablefalsefalseThere is no default on loans.2025-04-012025-06-30UnauditedStandalone1445220000042430000014876500000362870000060100000295000007021000008660000006690000006828900000127843000002092200000-14663800000-12571600000449000007069000007518000000-133234000000000-13323400000-28000000-13351400000986350000010-13.51-13.5100-13.51-13.511 The unaudited standalone financial results of the Company for the three months ended June 30, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at their meeting held on September 2, 2025. The Statutory auditors of the Company have carried out a limited review of these results. <BR> 2 The unaudited standalone financial results of the Company for the three months ended June 30, 2025 have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards as prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. <BR> 3 The Company operates in a single segment of providing cement and cement related products and hence no separate segment disclosure is required under Ind AS 108 - Operating Segments. <BR> <BR> 4 On 14 August 2025, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE). Accordingly, these are the first quarter results after the listing of the shares and consequently, comparative numbers for the quarter ended June 30, 2024 and March 31, 2025 were not subjected to limited review by statutory auditors of the Company and the management has exercised necessary diligence in preparing the financial results of these periods. <BR> <BR> 5 Further the figures for the quarter ended 31 March 2025 are the balancing figures between the audited standalone figures of the full financial year ended 31 March 2025 and unaudited standalone year to date figures for the nine months ended 31 December 2024. <BR> <BR> 6 JSW Cement Ltd. (JSWCL) applied for Industrial Promotional Assistance under the West Bengal State Support for Industries Scheme, 2013 (WBSSIS 2013) for its Salboni Cement Plant. While it received the preliminary Registration Certificate (RC-I), the final Registration Certificate (RC-II) was initially rejected by the District Industries Centre (DIC) for not applying within the specified timeline. JSWCL challenged this decision in the Calcutta High Court, which quashed the DIC's order and directed reconsideration within two weeks. Subsequently, the DIC again rejected the RC-II application on the aforementioned grounds. JSWCL contested this in the Calcutta High Court, presenting substantial evidence for commercial production. <BR> In April 2025, the West Bengal government enacted the Revocation of West Bengal Incentive Schemes and Obligations in the Nature of Grants and Incentives Act, 2025 (Revocation Act), which retrospectively annuls all grants sanctioned under various state incentive schemes from 1993 to 2021. JSWCL's current writ in relation to rejection of RC-II has been put on hold pending clarity on the new enactment. Based on the Company’s assessment coupled with the advice / opinion obtained from independent / external legal counsel, the Company filed a writ petition in the High Court of West Bengal challenging the Act and revocation of the scheme and believes it has a good case to recover the outstanding claim balance as on June 30, 2025 of Rs 339.87 crore. <BR> <BR> 7 Pursuant to the shareholders agreements (SHA) between the Company and the investors of Compulsory convertible preference shares (CCPS), 160,000,000 number of CCPS have been converted, subsequent to the quarter end, into 235,662,477 number of equity shares of face value of Rs 10 each at a premium of Rs 132.75 per share and the resultant valuation difference of Rs.1,466.38 crore between the said conversion value, determined as per the internal rate of return thresholds prescribed in SHA in light of recent valuation done by the QIPO banker, and its carrying value as on March 31, 2025, being significant for the current quarter, has been disclosed as an Exceptional Item. <BR> Power and fuel expense1759800000Freight and handling expenses3437000000Other Expenses1632100000Items that will not be reclassified to profit or loss-42900000-42900000-6400000Items that will be reclassified to profit or loss13100000131000004600000-28000000