Adani-owned Ambuja Cement posts Q2FY26 consolidated net profit of Rs 1,766 crore

Gautam Adani Group-owned Ambuja Cement made a stock exchange filing on Monday that it has reported a 268 per cent surge in its consolidated net profit to Rs 1,766 crore in the second quarter of the financial year 2025-26 (Q2FY26), from Rs 479.53 crore during the same quarter last year.

The increase in profit was largely driven by a one-time Rs 1,697 crore income tax provision reversal, the company stated.

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Revenue from operations for the quarter stood at Rs 9,129.7 crore for the quarter, which is an increase of 25 per cent year-on-year (Y-o-Y).

The company’s operating earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter stood at Rs 1,761 crore, increasing by 58 per cent year-on-year (Y-o-Y), with an EBITDA margin of 19.2 per cent. The company recorded its highest cement sales volume to date, at 16.6 million tonnes, marking a 20 per cent Y-o-Y increase.

Ambuja Cement CEO Vinod Bahety said, “Despite headwinds from prolonged monsoons, the (cement) sector will benefit from the tailwinds of several favourable developments, including GST 2.0 reforms, Carbon Credit Trading Scheme (CCTS) and the withdrawal of coal cess. Our capacity expansion is well timed to capitalise on this positive momentum. We have upped our FY28 target capacity by 15 million tonnes per annum (MTPA) from the earlier 140 MTPA to now 155 MTPA. This increase of 15 MTPA from debottlenecking initiatives will come at a much lower capex of $48 per metric tonne. Also, debottlenecking of plant logistics infrastructure will help improve existing capacity (107 MTPA) utilisation by 3 per cent”.

Bahety stated that Ambuja Cement plans to install 13 blenders at its plants over a period of 12 months to “optimise mix and increase share of premium cement, in turn improving realisation”.

“Our outlook for the balance period of FY26 remains positive. We remain optimistic about delivering double-digit revenue growth and four-digit per metric tonne (PMT) EBITDA. Our target is to deliver a total cost of Rs 4,000 PMT and a further 5 per cent reduction Y-o-Y for the next two years, helping us achieve our cost target of Rs 3,650 PMT by FY28,” he added.