Ahmedabad: Ambuja Cements, part of the Adani Group, announced its financial results for the third quarter of fiscal year 2026. The company reported a remarkable 258 percent increase in net profit year-on-year, reaching ₹3,781 crore for the October-December period.
During this quarter, Ambuja Cements’ sales volume rose by 17 percent to 18.9 million tonnes, marking the highest quarterly volume recorded by the company so far.
The company’s revenue for the quarter grew by 20 percent on an annual basis. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 53 percent to ₹1,353 crore.
Net worth also improved, increasing by ₹361 crore to ₹69,854 crore at the end of the quarter. Ambuja Cements remains debt-free and holds the highest AAA (Stable)/A1+ ratings from CRISIL and CARE.
The company stated it has sufficient cash flow to support its capital expenditure plans. In a statement, Ambuja Cements described the December quarter as transformative, highlighting the announced merger with ACC Limited and Orient Cement Limited. This merger creates a unified ‘One Cement Platform’ aimed at accelerating growth, operational excellence, capital efficiency, strengthening leadership, and contributing to long-term value creation.
Aligned with its growth strategy, Ambuja Cements commissioned a new grinding unit in Marwar with a capacity of 2.4 million tonnes per year. This has increased the company’s total cement production capacity to 109 million tonnes annually.
Vinod Baheti, Managing Director and CEO, said, “We achieved our highest quarterly volume to date, with increased sales of trade and premium cement. This has helped us secure better profits compared to industry peers.”
The company also commissioned a 225 MW solar power plant during the quarter, raising its renewable energy capacity to 898 MW. Ambuja Cements plans to expand this capacity to 1,122 MW by the end of fiscal year 2027.
Baheti added, “Thanks to our progress in cost management, the cost of sales declined by 2 percent annually in the third quarter (3 percent decline over nine months of FY26). Our existing assets earned an EBITDA of ₹850 per metric tonne in the third quarter (₹1,045 over nine months) and a consolidated EBITDA of ₹718 per metric tonne (₹943 over nine months). The One Cement Platform will help accelerate efficiency and growth efforts.”
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