ACC Q2 results: Firm reports strong growth as net profit rises multifold to ₹1,119 crore; check all numbers

The Adani group firm’s revenue from operations increased 30% year-on-year (YoY) to ₹5,896 crore in Q2 FY26 in contrast to ₹4,554 crore in the corresponding quarter of the previous financial year. The rise in revenue was driven by a higher share of premium products, which accounted for 47% of trade sales, with premium volumes growing 20% year-on-year, ACC said.

Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹811 crore for the quarter under review as against ₹343 crore in Q2 FY25, marking a jump of 136%.

Margin expanded to 13.7% in the reporting quarter as compared to 7.55% YoY.

ACC reported earnings per share (EPS) of ₹59.4 for the quarter, an increase of ₹48.8 year-on-year, while its net worth rose by ₹1,151 crore to ₹19,937 crore, with the company continuing to remain debt-free.

Part of the diversified Adani Portfolio, the cement firm delivered exceptional Q2 FY26 performance with strong growth in sales volumes and a sharp rise in EBITDA, sustaining momentum through the start of the fiscal year, the company said in a statement.

ACC said its ongoing ‘Reimaginaction’ initiative continues to drive positive momentum across key value levers, reflecting improved operational efficiency, a stronger customer focus, and progress in digital integration across its ecosystem.

The upcoming clinker capacities of around 30 MTPA at Ambuja and 1,000 MW of renewable energy power will also be available to ACC under the MSA, supporting its ongoing growth momentum.

“This quarter has been instrumental for the cement sector. Despite the challenges from prolonged monsoons, the sector stands to benefit from several favourable developments, including GST 2.0 reforms, the Carbon Credit Trading Scheme (CCTS), and the withdrawal of coal cess. These developments will support steady demand momentum going forward,” said Vinod Bahety, Whole-Time Director and CEO, ACC Limited.

“The outlook for the balance of FY’26 remains positive, led by cost improvement, premiumisation and digitisation,” Bahety further said.

Cement grinding units at Salai Banwa (2.4 MTPA) and Kalamboli (1.0 MTPA) are expected to be commissioned in Q3 FY26. Further debottlenecking at existing plants will add 5.6 MTPA by FY28, while logistics upgrades are set to improve capacity utilisation by 3%.

The company said the average age of Adani Cement’s assets, which stood at 38 years in 2022 due to legacy ACC plants, has improved by nearly 40% and is expected to reduce further as capacity expands to 155 MTPA by FY28, leading to greater efficiency and improved operating leverage.

“Cement demand in Q2 FY26 was moderate and grew 5.2% YoY. With GST reduction from 28% to 18%, improved economic sentiments, and higher investments from both the public and private sectors, the demand is expected to see an uptick, and we stand by our earlier annual growth estimate of 7-8%,” the firm said.

Along with parent company ACC, it continues to work on cost leadership and targets to achieve ₹3,650 per MT by FY28.

ACC’s concrete business expanded its footprint with the addition of 28 plants year-on-year, taking the total to 116 plants across 45 cities. Volume rose 49% to 0.90 million m³, while revenue grew 57% year-on-year to ₹454 crore, accompanied by a significant improvement in EBITDA.

Following the earnings, ACC shares were trading at ₹1,900.50 apiece on NSE, surging 2.21%.