Ambuja Cements Ltd. reported a consolidated net profit of ₹1,766 crore for the September quarter, sharply higher than ₹480 crore in the same period last year, aided by a tax write-back of ₹1,465 crore versus a tax expense of ₹248 crore in the year-ago period.

Profit before tax rose 13% year-on-year to ₹838 crore from ₹744 crore. Revenue for the quarter came in at ₹9,175 crore, up 22% from ₹7,552 crore in the corresponding quarter last year. The company said this marks its highest-ever Q2 topline.

Ambuja Cements also raised its FY28 capacity target by 15 million tonnes per annum (MTPA) to 155 MTPA, from the earlier goal of 140 MTPA. The incremental capacity will be achieved through debottlenecking at a lower capex of $48 per tonne.

As part of its growth initiatives, the company is instal

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