Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Submission of Unaudited Financial Results (Standalone and Consolidated)
Audit Opinion:
Limited Review Report issued by Statutory Auditors SRBC & CO LLP with unmodified conclusion. The report draws attention to uncertainty related to ongoing litigations with Competition Commission of India pending with Supreme Court.
Key Financial Highlights [₹ in Crore]:
Standalone Results:
Revenue from Operations: ₹6,563 (Q1 FY27) vs ₹7,207 (Q4 FY26) vs ₹6,555 (Q1 FY26)
Total Income: ₹6,563 (Q1 FY27) vs ₹7,207 (Q4 FY26) vs ₹6,555 (Q1 FY26)
Net Profit: ₹505 (Q1 FY27) vs ₹1,644 (Q4 FY26) vs ₹797 (Q1 FY26)
EPS: Basic ₹6.65 (Q1 FY27) vs ₹2.03 (Q4 FY26) vs ₹3.24 (Q1 FY26); Diluted ₹6.61 (Q1 FY27) vs ₹2.03 (Q4 FY26) vs ₹3.22 (Q1 FY26)
Total Tax Credit: ₹(1,462) (Q1 FY27) including current tax credit of ₹(750) and tax write-back relating to earlier periods of ₹(16) and deferred tax credit of ₹(687)
Consolidated Results:
Revenue from Operations: ₹9,500 (Q1 FY27) vs ₹10,915 (Q4 FY26) vs ₹10,289 (Q1 FY26)
Total Income: ₹9,500 (Q1 FY27) vs ₹10,915 (Q4 FY26) vs ₹10,289 (Q1 FY26)
Net Profit: ₹660 (Q1 FY27) vs ₹1,857 (Q4 FY26) vs ₹1,041 (Q1 FY26)
Profit attributable to owners: ₹577 (Q1 FY27) vs ₹1,830 (Q4 FY26) vs ₹869 (Q1 FY26)
Segment-wise Performance [₹ in Crore]:
Consolidated Segment Revenue:
Cement: ₹9,062 (Q1 FY27) vs ₹10,417 (Q4 FY26) vs ₹9,912 (Q1 FY26)
Ready Mix Concrete: ₹507 (Q1 FY27) vs ₹582 (Q4 FY26) vs ₹421 (Q1 FY26)
Total Segment Revenue: ₹9,569 (Q1 FY27) vs ₹10,999 (Q4 FY26) vs ₹10,333 (Q1 FY26)
Consolidated Segment Results:
Cement: ₹757 (Q1 FY27) vs ₹545 (Q4 FY26) vs ₹1,213 (Q1 FY26)
Ready Mix Concrete: ₹5 (Q1 FY27) vs ₹52 (Q4 FY26) vs ₹15 (Q1 FY26)
Total Segment Results: ₹762 (Q1 FY27) vs ₹597 (Q4 FY26) vs ₹1,228 (Q1 FY26)
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced in this quarter.
The Board has approved schemes of amalgamation for:
- ACC Limited with Ambuja Cements (Scheme 1) with appointed date January 1, 2026
- Orient Cement Limited with Ambuja Cements (Scheme 2) with appointed date May 1, 2025
Share exchange ratios:
- For ACC: 328 equity shares of Ambuja (face value ₹2) for every 100 equity shares of ACC (face value ₹10)
- For Orient: 33 equity shares of Ambuja (face value ₹2) for every 100 equity shares of Orient (face value ₹1)
Significant Litigations:
1. CCI penalty of ₹1,164 crore for alleged cartelization (August 2016) - appeal pending in Supreme Court, hearing adjourned to July 29, 2026
2. CCI penalty of ₹30 crore for alleged collusive bidding (January 2017) - appeal pending in NCLAT, hearing adjourned to August 18, 2026
3. Sales tax dispute in Rajasthan - principal demand of ₹113 crore upheld by Supreme Court, interest demand of ₹134 crore set aside
4. West Bengal incentive schemes revocation - claims of ₹257 crore (gross value) fully provided for
5. Electricity duty dispute for Sanghi Industries - indemnity claims of ₹84 crore filed
Funding Arrangements:
During the quarter, the company availed Inter-Corporate Deposits (ICDs) aggregating ₹1,900 crore from ACC Limited and ₹450 crore from Orient Cement Limited at 8% interest per annum, repayable on or before March 31, 2027.
Other Significant Information:
Acquisitions and Amalgamations:
1. Completed acquisition of 72.66% stake in Orient Cement Limited through promoter purchase (46.66% for ₹3,791 crore) and open offer (26% for ₹2,112 crore)
2. Amalgamation of Penna Cement Industries Limited with effect from August 16, 2024
3. Amalgamation of Sanghi Industries Limited with effect from April 1, 2024
4. Amalgamation of Adani Cementation Limited with effect from August 1, 2025
Tax Matters:
Significant tax credits recognized due to reassessment of tax positions based on favorable High Court decisions, including reversal of provisions totaling ₹1,180 crore (net of deferred tax) for the holding company and ₹659 crore for ACC Limited.
Operational Updates:
Temporary suspension of manufacturing operations at certain facilities approved to improve operational efficiency and optimize capital allocation. Management considers these closures temporary and does not require impairment provision.
Director Matters:
Non-executive director involved in US DOJ and SEC proceedings, but the company has not been named in these matters. The director is seeking settlement through consent without admitting allegations.