Ambuja Cements has reported a sharp decline in its consolidated profit after tax for the third quarter of FY26 (Q3 FY26), with earnings plunging by more than 90 per cent year-on-year compared with the same period last fiscal. The drastic fall in bottom-line was primarily driven by rising operational costs and softer cement realisations, even as revenues expanded during the quarter.
For the December 2025 quarter, Ambuja Cements posted a consolidated profit after tax of ₹203.70 crore, down sharply from ₹2,158.21 crore in Q3 FY25. The dramatic contraction in profit reflects an industry environment marked by elevated costs and weaker cement pricing.
The company’s revenue from operations rose nearly 20 per cent year-on-year to ₹10,180.52 crore in Q3 FY26, supported by higher sales volumes in both cement and ready-mix concrete, even as total income remained marginally lower compared with the prior year’s level. Total expenditure climbed about 18.7 per cent, driven by rising power and fuel costs, freight and forwarding charges, and higher depreciation expenses.
Ambuja also recorded net exceptional expenses during the quarter related to disputed tax liabilities and implementation of new labour codes, partly offset by income from cess recoveries. These exceptional items further weighed on profitability.
Despite the steep drop in earnings, cement sales remained robust, with segment revenues showing stability. Revenue from ready-mix concrete also contributed to overall top-line growth compared with the same period last year.
The earnings release underscores the challenges facing cement manufacturers, including pressure on realisations due to competitive pricing and cost inflation across key input categories. Ambuja Cements has been navigating these headwinds while focusing on volume growth and market share expansion.
The results come amid broader industry consolidation and strategic shifts, including the planned amalgamation of ACC into Ambuja Cements, aimed at creating a unified platform with expanded national scale and stronger pricing power once approvals are completed.
