Ahmedabad, October 31 (IANS). Adani Group company ACC Limited on Friday presented its results for the second quarter of FY26. In the July-September period, the company’s profit has increased by 460 percent on an annual basis to Rs 1,119 crore.
During this period, the company’s volume has also been at its highest ever level of 10 million tonnes. There has been an increase of 16 percent on annual basis.
The income of the fastest growing building materials and solutions company in the country has increased by 28 percent year-on-year to a record Rs 5,932 crore in the second quarter of FY 26.
“This quarter has been a crucial one for the cement sector. Despite the challenges of prolonged monsoon, the sector will benefit from several favorable decisions including GST 2.0 reforms, Carbon Credit Trading Scheme (CCTS) and withdrawal of coal cess,” said Vinod Baheti, Whole-Time Director and CEO, ACC Ltd.
“These developments will support stable demand momentum going forward. The Salai Banwa, Kalamboli expansion projects will add 3.4 million tonnes per annum (MTPA) to production this year. Plugging in plants will add 5.6 MTPA of capacity, and addressing logistics bottlenecks will help improve capacity utilization levels,” he said.
The company’s net worth has increased by Rs 1,151 crore to Rs 19,937 crore in the September quarter. Also, ACC remains debt free and is rated CRISIL AAA (Stable)/CRISIL A1 Plus, which is the best rating.
Baheti said that as part of the larger Adani Cement family and under Ambuja Cements, ACC is benefiting from the group’s integrated ecosystem, including logistics, renewable energy and innovation.
The company said GST reforms have led to reduction in cement prices, helping interested customers purchase Adani Cement’s premium products.
–IANS
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