Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, reported a 364 percent year-on-year jump in its consolidated Profit After Tax (PAT) to Rs 2,302 crore for the July–September quarter of FY2025–26, compared to Rs 496 crore in the same period last year.
The company’s consolidated revenue from operations rose over 21 percent to Rs 9,174 crore from Rs 7,552 crore, marking its highest-ever Q2 revenue. Cement sales volume also reached a record 16.6 million tonnes, up 20 percent year-on-year.
Following the implementation of GST 2.0 reforms on September 22, 2025, which reduced the tax rate on cement from 28 percent to 18 percent, Ambuja Cements said it passed the entire benefit to customers. “Overall GST reforms resulting in reduced cement prices have helped aspiring customers prefer Adani Cement’s premium products,” the company stated.
Ambuja Cements’ net worth stood at Rs 69,493 crore, up by Rs 3,057 crore during the quarter. The company continues to remain debt-free, holding the highest credit rating of Crisil AAA (Stable) / Crisil A1+, according to its earnings report.
In operational highlights, Ambuja Cements revised its 2027–28 capacity target upward by 15 million tonnes per annum (MTPA), from 140 MTPA to 155 MTPA. The additional capacity will be achieved through debottlenecking at a lower capital expenditure of USD 48 per metric tonne.
The company is also installing 13 blenders across plants over the next 12 months to optimize its product mix and boost the share of premium cement. Additionally, improvements in plant logistics infrastructure are expected to increase utilization of its existing 107 MTPA capacity by 3 percent over the next two years.
During the quarter, a 4 MTPA new kiln line at Bhatapara (Chhattisgarh) began trial runs, while a 2 MTPA grinding unit at Krishnapatnam became operational. Another 7 MTPA capacity is expected to come online at three locations in Q3.
Ambuja Cements also commissioned 200 MW of solar power, raising its renewable energy capacity to 673 MW, which is expected to reach 900 MW by the end of this year and 1,122 MW by FY2026–27.
The company launched its Cement Intelligent Network Operations Centre (CiNOC), which integrates artificial intelligence into its enterprise systems to enhance operational efficiency. It has also ordered seven vessels with a total capacity of 65,800 deadweight tonnes (DWT), targeting a 5 percent share for sea logistics.
Vinod Bahety, Whole-Time Director and CEO of Ambuja Cements, said, “This quarter has been noteworthy for the cement industry. Despite the headwinds from prolonged monsoons, the sector will benefit from favourable developments including GST 2.0 reforms, the Carbon Credit Trading Scheme (CCTS), and the withdrawal of coal cess. Our capacity expansion is well-timed to capitalise on this positive momentum.”
He added that Ambuja aims to maintain double-digit revenue growth and achieve four-digit EBITDA per metric tonne (PMT) by the end of FY2026. “We target to deliver total cost of Rs 4,000 PMT by the end of FY26 and reduce it further by 5 percent year-on-year for the next two years, reaching Rs 3,650 PMT by FY2027–28,” Bahety said.
With the GST rate cut, improved economic sentiment, and higher investments from both public and private sectors, the company expects stronger demand and reaffirmed its annual growth estimate of 7–8 percent.
Ambuja Cements currently has a total cement capacity of 107 MTPA across 24 integrated manufacturing plants and 22 grinding units. (ANI)
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