Ambuja Cements reported a consolidated net profit of Rs 2,302.28 crore in Q2FY26, marking a year-on-year increase of 363.74% from Rs 496.46 crore in Q2FY25.
Revenue stood at Rs 9,129.73 crore, up 24.98% from Rs 7,304.77 crore in the year-ago period (Q2FY25). The company noted in its Q2 press release that this is its highest-ever revenue for a second quarter.
Key highlights from Ambuja Cements Q2FY26
Cement sales volume rose 20% year-on-year to 16.6 million tonnes, also a record for Q2.
The company highlights that cement demand grew around 4% year-on-year in the September quarter and it expects demand to strengthen in the coming months following the GST rate cut on cement from 28% to 18%, higher public and private investments and improved consumer sentiment.
Vinod Bahety, Whole Time Director & CEO of Ambuja Cements, said: “Despite the headwinds from prolonged
monsoons, the sector will benefit from the tailwinds of several 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 capitalize on
this positive momentum.
“We have upped our FY28 target capacity by 15 MTPA from earlier 140 MTPA to now 155 MTPA. This increase of 15 MTPA from debottlenecking initiatives will come at a much lower capex of USD 48/MT,” he added.
Share price of Ambuja Cement
The share price of Ambuja Cements surged nearly 2% in Monday’s trade and touched an intraday high of Rs 582.70 following the release of its Q2 results.