Adani Group’s Ambuja Cements achieved robust performance in the October-December quarter, with a remarkable 258% year-on-year surge in net profit to Rs 3,781 crore and a record quarterly volume of 18.9 million tonnes, marking a 17% increase. Revenue rose by 20%, while EBITDA saw a significant 53% growth to Rs 1,353 crore during this period.
The company’s net worth stands at Rs 69,854 crore, showing an increase of Rs 361 crore. Ambuja Cements, being debt-free, maintains the highest ratings from Crisil and CARE- AAA (stable)/A1+, with strong cash flows supporting its capex program.
A significant development for Ambuja Cements in the December quarter was the announcement of the amalgamation of ACC Limited and Orient Cement Limited with Ambuja Cements Limited. This move aims to establish a unified ‘One Cement Platform’ to enhance growth, operational efficiency, capital effectiveness, and long-term value creation.
Aligned with its growth strategy, the company inaugurated the 2.4 MTPA Marwar Grinding Unit, expanding its total cement capacity to 109 MTPA. Vinod Bahety, Whole Time Director and CEO of Ambuja Cements, highlighted the achievement of record quarterly volumes, improved realizations, and market leadership through enhanced trade/premium cement sales.
To address specific cost-related challenges, the company is focusing on areas such as power cost, green power utilization, fuel efficiency, and logistics cost optimization. The goal is to achieve a targeted cost of Rs 3,650 PMT by March 2028. Ambuja Cements commissioned 225 MW of solar power in the quarter, increasing its renewable energy capacity to 898 MW, with a target of 1,122 MW by FY27.
The company’s cost leadership initiatives led to a 2% reduction in the cost of sales in Q3, contributing to an EBITDA of Rs 850 PMT. The ‘One Cement Platform’ is expected to drive efficiency and growth efforts further.
