Adani Group’s cement and building materials arm, Ambuja Cements, reported a 78.5% year-on-year rise in net profit attributable to owners for the fourth quarter of FY26, driven by healthy revenue growth. Profit attributable to owners stood at Rs 1,830 crore (Q4FY25: Rs 1,025 crore), beating Bloomberg estimates of Rs 723 crore. Normalised PAT for the quarter came in at Rs 569 crore, marking a 33.53% annual decline, on the back of reversal of tax provisions and deferred tax credits arising from the merger of Sanghi Industries Limited and Penna Cement Industries Limited in 2024.