Ambuja Cements Acquires 26% Stake in SWE Renewables and Reports Q2 FY2027 Profit After Tax of ₹114 Crore
Company's Board approves acquisition and unaudited financial results for the quarter and half year ended September 30, 2026
Ambuja Cements Limited announced the acquisition of a 26% equity stake in SWE Renewables Limited and released its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company reported total income of ₹6,187 crore for Q2 FY2027 and a profit after tax of ₹114 crore for the quarter.
Ambuja Cements Limited
Acquisition / Amalgamation / Merger / Demerger
Ambuja Cements Limited's Board approved the acquisition of 26% equity shares in SWE Renewables Limited and sanctioned the unaudited standalone and consolidated financial results for Q2 and H1 FY2027 ending September 30, 2026. The company reported a total income of ₹6,187 crore and a profit after tax of ₹114 crore for the quarter.
For the quarter ended September 30, 2026, Ambuja Cements recorded revenue from operations of ₹6,113 crore and total income amounting to ₹6,187 crore.
Expenses for the quarter totaled ₹6,018 crore, including material costs, employee benefits, finance costs, depreciation, power and fuel, freight, and other expenses.
Profit before exceptional items and tax was ₹169 crore, with net profit after tax standing at ₹114 crore for the quarter.
The company’s Board also approved an acquisition of a 26% stake in SWE Renewables Limited during the meeting held on October 29, 2026.
The unaudited financial results include standalone and consolidated figures supported by a limited review from statutory auditors.
Highlights
- Ambuja Cements acquires 26% equity shares in SWE Renewables Limited.
- Q2 FY2027 total income reported at ₹6,187 crore.
- Profit after tax for Q2 FY2027 is ₹114 crore on a standalone basis.
- Board meeting held on October 29, 2026, from 11:00 a.m. to 2:20 p.m.
- Results include both standalone and consolidated unaudited financials for quarter and half year ended September 30, 2026.
Key Data Snapshot
What happened
- Ambuja Cements Board approved unaudited financial results for the quarter and half year ended September 30, 2026.
- The company announced the acquisition of 26% equity shares in SWE Renewables Limited.
- Results comprise standalone and consolidated financial statements reviewed by statutory auditors.
Financial performance
- Total income for Q2 FY2027 was ₹6,187 crore, with revenue from operations at ₹6,113 crore.
- Total expenses for the quarter were ₹6,018 crore including cost of materials, purchase of stock-in-trade, employee benefits, finance costs, and others.
- Profit before exceptional items and tax was ₹169 crore and profit after tax was ₹114 crore for the quarter.
- Earnings per share (basic) for the quarter was ₹0.46 on a face value of ₹2 per share.
Transaction details
- The company acquired 26% equity shares in SWE Renewables Limited.
- Disclosure of the acquisition complies with SEBI Listing Regulations and circulars.
- No additional financial terms or consideration details were provided in the filing.
Regulatory and governance context
- The disclosures comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- The Board meeting commenced at 11:00 a.m. and concluded at 2:20 p.m. on October 29, 2026.
- The company has submitted the results to National Stock Exchange, BSE, and Luxembourg Stock Exchange.
Highlights
- Ambuja Cements acquires 26% equity shares in SWE Renewables Limited.
- Q2 FY2027 total income reported at ₹6,187 crore.
- Profit after tax for Q2 FY2027 is ₹114 crore on a standalone basis.
- Board meeting held on October 29, 2026, from 11:00 a.m. to 2:20 p.m.
- Results include both standalone and consolidated unaudited financials for quarter and half year ended September 30, 2026.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
More News on Acquisition / Amalgamation / Merger / Demerger
View allLatest corporate announcements and market updates in Acquisition / Amalgamation / Merger / Demerger.
Jindal Power Limited Raises Stake in Jindal Steel Limited by Acquiring 3,49,076 Shares via Open Market
Jindal Power Limited disclosed the acquisition of 3,49,076 equity shares of Jindal Steel Limited on October 26, 2026, increasing its total holding to 1,24,00,459 shares, representing 1.215% of Jindal Steel's total voting capital.
Read Full StoryTVS Motor Company Board Approves Acquisition of Harita ARC and Composite Restructuring Scheme
TVS Motor Company Limited's Board of Directors approved on 28th October 2026 a Composite Scheme of Arrangement including the acquisition of Harita ARC Limited, amalgamation of TVS Motor Services Limited, and demerger of certain business units into Harita ARC.
Read Full StoryMeesho Limited Greenlights INR 400 Crore Equity Infusion in Meesho Payments and Incorporates New Subsidiary
Meesho Limited's board approved the creation of a new wholly owned subsidiary and sanctioned up to INR 400 Crores of additional equity investment in Meesho Payments Private Limited during its October 28, 2026 meeting. Investments of USD 650,000 in Kirana Club Pte. Ltd. and INR 18.73 Crore in Retail Pulse Labs Private Limited were also approved.
Read Full Story