JSW Cement Q4 profit jumps aided by tax write-back
after close1 source ↓written by the desknot a recommendation
- following its Q4
- 9%
- to ₹1
- 11%
Shares of JSW Cement rose 9% following its Q4 results, showcasing strong operational performance. The company reported a net profit of ₹371.3 cr, up from ₹34.2 cr last year, bolstered by a tax write-back of ₹147 cr. Revenue also increased 11% to ₹1,895 cr from ₹1,709.4 cr in the same quarter last year.
Not investment advice. For informational purposes only.