Overview
- Revenue for the quarter came in at about Rs 9,130–9,174 crore, the company's highest-ever second-quarter tally, with operating margin improving to roughly 19%.
- Cement sales reached 16.6 million tonnes, up around 20% year on year, marking the strongest Q2 volume on record.
- Media cited two consolidated PAT figures—Rs 2,302 crore and Rs 1,766 crore—because the quarter included a disclosed one-off income tax provision reversal of about Rs 1,697–1,710 crore.
- Ambuja raised its FY28 capacity target to 155 MTPA via low-capex debottlenecking (about $48 per tonne) and reported progress on projects including a 4 MTPA kiln trial at Bhatapara and an operational 2 MTPA Krishnapatnam unit, with about 7 MTPA expected online in Q3.
- The company commissioned 200 MW of solar to lift renewable capacity to 673 MW and highlighted demand tailwinds from the cement GST cut to 18%, while shares rose roughly 2–3% and Jefferies kept a buy rating with a target set at Rs 755.