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Ambuja Cements reports 364% profit rise and raises capacity target to 155 MTPA

Ambuja Cements reported cement volume of 16.6 Mt (+20%) for Q2 FY’26, revenue of 9.174 Crore ₹ (+21%) and net profit of 2.302 Crore ₹ (+364%). EBITDA rose 58% to 1.761 Crore ₹ and EBITDA/tonne to ₹1,060, despite a slightly disappointing EPS of 15.8 that missed analyst expectations. The company raised its capacity target to 155 MTPA by FY2028 (from 140), plans near-term expansion projects of 12.6 MTPA by end-FY26 and intends to use debottlenecking at about $48/tonne. Ambuja is also expanding renewables (currently 673 MW) with targets of 900 MW by end-FY26 and 1,122 MW by FY27, while pursuing cost reductions and further consolidation. » More on de.investing.com