Ambuja Cements Q2 Results: Net profit tanks 90% YoY to Rs 114 crore on tax reversal effect; revenue rises 10%
Income Tax moved higher in a quarterly results development for Q2 FY27.
· ET Stocks, Economic Times Markets
Ambuja Cements Q2 Results: The company reported a 90% year-on-year decline in Q2 FY27 net profit to Rs 114 crore due to a Rs 1,697 crore income tax provision reversal in the year-ago quarter. Revenue rose 10% to Rs 6,113 crore. Shareholders also approved the proposed amalgamation of ACC and Orient Cement with Ambuja, with completion expected in FY27, subject to approvals.
Key facts
- Period
- Q2 FY27 and FY27
The analysis
Income Tax reported Rs 114 crore, Rs 1,697 crore and Rs 6,113 crore for Q2 FY27, with movement of 90% and 10% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Credit growth and asset quality are the pulse of the financial sector, which is the largest weight in Indian indices.
- With Income Tax involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- Sectors in the story: Cement & Construction.
Cement & Construction
1M -3.4% · 3M -15.1%
Sector moves are the average of the stocks we track in each sector.
In this story
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