JSW Cement reported a profit of Rs 75.36 crore for the September quarter of FY26, a significant turnaround from a loss of Rs 75.82 crore in the same period last year. This improvement was driven by double-digit growth in sales volume, reaching 3.11 million tonnes. The company also reduced its net debt by Rs 1,335 crore following IPO proceeds.
Companies give Bond Street a pass, take bank route for funds
Corporate borrowers are increasingly favoring bank loans over bond issuances as rising capital market yields diminish the cost advantage of bonds. Spreads between bank lending