Ambuja Cements Ltd, part of the Adani Group, posted a sharp 364% year-on-year jump in consolidated net profit to ₹2,302 crore for the quarter ended September 2025 (Q2 FY26), driven by higher sales volumes, improved realisations and lower costs.
Ambuja Cements reported a 21% rise in revenue to ₹9,174 crore, its best-ever second-quarter performance. Cement sales grew 20% to 16.6 million tonnes, far outpacing the industry. Operating profit rose 58% to ₹1,761 crore, and profit per tonne increased 32% to ₹1,060. The operating margin widened to 19.2% from 14.7% last year.
Ambuja Cements said it remains debt-free, with a net worth of ₹69,493 crore and top-tier credit ratings of Crisil AAA (Stable) and A1+. The company has raised its FY28 capacity target to 155 million tonnes per annum (MTPA) from 140 MTPA, with the additional 15 MTPA to come from low-cost debottlenecking projects at about USD 48 per tonne.
A 2 MTPA grinding unit has been commissioned at Krishnapatnam and trial runs have begun for a new 4 MTPA kiln line at Bhatapara in Chhattisgarh. Another 7 MTPA capacity across four locations is scheduled to come on stream in the third quarter. The company also added 200 MW of solar capacity during the quarter, taking its total renewable portfolio to 673 MW, which is expected to reach 900 MW by the end of FY26.
The company reported a 5% decline in overall costs, driven by lower kiln fuel, power and logistics expenses. It aims to bring total production costs down to ₹4,000 per tonne by the end of FY26 and further to ₹3,650 per tonne by FY28. Ambuja also launched its Cement Intelligent Network Operations Centre (CiNOC), an AI-based platform designed to improve operational efficiency across production, sales and logistics.
Despite disruptions caused by extended monsoons, the company expects cement demand to strengthen following the GST rate cut from 28% to 18%, supported by a favourable economic outlook. “Our capacity expansion is well-timed to capitalise on this positive momentum,” said Vinod Bahety, Whole-Time Director and CEO of Ambuja Cements.
Ambuja said it continues to advance its sustainability agenda, maintaining 12x water positivity, 100% waste recycling, and planting 7.1 million trees under the Adani Group’s commitment to grow 100 million trees by 2030.
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