Shares of Ambuja Cements Ltd. are trading higher by 3% on Thursday, October 29, after the company reported its September quarter results for the financial year 2026-27.
The cement maker reported a net profit of ₹236 crore, down 89.9% from ₹2,336 crore in the year-ago quarter and below the CNBC-TV18 poll estimate of ₹310 crore.
Revenue remained largely flat year-on-year at ₹9,197 crore, compared with ₹9,175 crore in the corresponding quarter last year. However, revenue fell short of the CNBC-TV18 poll estimate of ₹9,289 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 29.6% year-on-year to ₹1,240 crore from ₹1,762 crore, missing the CNBC-TV18 poll estimate of ₹1,275 crore.
The EBITDA margin contracted by 570 basis points to 13.5% from 19.2% in the year-ago period, also below the CNBC-TV18 poll estimate of 13.7%.