Cement major Ambuja Cements reported a 90.5 per cent YoY profit decline in the quarter. The Adani Group company’s consolidated profit fell to Rs 204 crore in Q3 FY26 from Rs 2,158 crore in Q3 FY25.
The company’s profit fell sharply in Q3 due to a one-time tax gain and higher expenses. The company recorded a one-time tax gain of Rs 825 crore last year. Additionally, the cementmaker’s expenses grew by 21 per cent in the quarter.
Ambuja Cement reported a 19.8 per cent YoY profit growth in the quarter. The company posted a consolidated revenue of Rs 10,180 crore in Q3 FY26. Its revenue from operations in the corresponding quarter of the previous fiscal year was Rs 8,498 crore.
Ambju Cement’s operating EBITDA decreased to Rs 1,353 crore in the December quarter, from Rs 1,712 crore last year. The company’s operating EBITDA margin also declined to 13.2 per cent in Q3 FY26, from 18.2 per cent in Q3 FY25
The company said that it continues to remain debt-free and has a net worth of Rs 69,854 crore.
Ambuja Cement Q3 operations highlights
Ambuja Cement stated that after commencing the operation at the 2.4 MTPA Marwar Grinding Unit, its total cement capacity now stands at 109 million tonnes per annum. The company said it is set to achieve 115 MTPA capacity by March 2026.
Vinod Bahety, Whole Time Director & CEO, Ambuja Cements, said that the company achieved its highest-ever quarterly volumes, higher trade/premium cement sales resulting in better realisation than industry peers and better base capacity volume growth.
“We are now working to fix some of the specific issues on cost, importantly, power cost, share of green power, fuel efficiency, improvement of WHRS / AFR, improvement of logistics cost, which is part of the blueprint to achieve the targeted cost of Rs. 3,650 PMT by March 2028.”, Bahety added.
Ambuja Cement’s sales volume stood at 18.9 million tons in Q3, increasing 17 per cent on a yearly basis as it was 16.2 million tons in the corresponding quarter.
Merger and strategic initiative
Ambuja Cement announced the amalgamation of its subsidiary companies, ACC and Orient Cement, with itself to create a strong pan-India presence company under a single corporate structure.
The company stated that the merger is expected to optimise manufacturing and logistics, streamline operations, and strengthen the balance sheet, enabling more efficient capital allocation and faster decision-making.
Ambuja Cement said it has expanded its strategic partnership with over 38,000 stakeholders, including builders, developers, engineers, architects, and policymakers. The company said that it has over one lakh supply chain partners.