Ahmedabad, January 30 (IANS). Adani Group company Ambuja Cements on Friday presented its third quarter results for FY26. In the October-December period, the company’s net profit has increased by 258 percent on an annual basis to Rs 3,781 crore.
During this period, the company’s volume increased by 17 percent year-on-year to 18.9 million tonnes, which is the highest quarterly volume ever reported by the company.
In the third quarter of FY26, the company’s income has increased by 20 percent on an annual basis. At the same time, EBITDA increased by 53 percent to Rs 1,353 crore during the quarter.
The company’s net worth has increased by Rs 361 crore to Rs 69,854 crore in the October-December period.
The company remains debt free and has the highest AAA (Stable)/A1+ ratings from CRISIL and CARE.
The company said that it has sufficient cash flow to fund capital expenditure.
The December quarter has been a transformational one for Ambuja Cement, the company said in a statement. One of the most significant steps is the announcement of the merger of ACC Limited and Orient Cement Limited into Ambuja Cement Limited, creating an integrated ‘One Cement Platform’ that will “accelerate our growth pace, operational excellence, capital efficiency, strengthen our leadership position and contribute to long-term value creation.”
In line with its growth plan, the company has commissioned Marwar Grinding Unit of 2.4 million tonnes per annum capacity, taking the total cement production capacity of Ambuja Cements to 109 million tonnes per annum.
Vinod Baheti, Whole-Time Director and CEO, Ambuja Cement, said, “We have achieved the highest ever quarterly volumes, driven by growth in trade/premium cement sales, resulting in better profits compared to industry competitors.”
In this quarter, the company has commissioned 225 MW of solar power plants, increasing the company’s renewable energy capacity to 898 MW.
Ambuja Cement plans to increase this to 1,122 MW by the end of FY27.
Baheti said, “Our progress in cost management has resulted in a 2 per cent annual decline in cost of sales in Q3 (the decline was 3 per cent in 9 months of FY26). This has helped our existing assets generate EBITDA of Rs 850 per metric tonne in Q3 (Rs 1,045 per metric tonne in last 9 months) and overall EBITDA of Rs 718 per metric tonne in Q3 (last 9 months). 943) One Cement Platform will help us accelerate efficiency and growth efforts.”
–IANS
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