Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
S&P Global Offerings
Featured Topics
Featured Products
Events
Technology, AI Research & Insights
Featured Assessments
Our Methodology
Methodology & Participation
Reference Tools
S&P Global
Featured Trainings
S&P Global Offerings
S&P Global
Technology, AI Research & Insights
Featured Assessments
Our Methodology
Methodology & Participation
Reference Tools
S&P Global
Featured Trainings
S&P Global Offerings
S&P Global
July 29, 2026
By Jia lun Ong and Lucas Toh
Editor:
HIGHLIGHTS
Sales volumes at 17.1 mil mt
Revenue down 7.7% YOY at $1.1B
Clinker factor improves 2.1 percentage points
India's Ambuja Cement saw lower sales volumes in the first quarter of fiscal year 2026-27 (April-March) and is maintaining a cautious demand outlook for the rest of the year, the company said in a statement July 28.
The Adani Group-owned cement producer posted cement sales volumes of 17.1 million metric tons in the April-June quarter, down 7% year over year and 14% quarter over quarter.
The company's revenue fell 7.7% year over year to Rupees 95 billion ($1.1 billion), while EBITDA declined 19% to Rupees 15.9 billion, it said.
Despite the weaker quarter, Ambuja highlighted operational improvements, with its clinker factor declining to 63.7%, suggesting greater use of blended cement products and supplementary cementitious materials.
The company said the clinker factor improved by 2.1 percentage points from the year-ago period.
Platts, part of S&P Global Energy, last assessed cement (ASTM type I) FOB Vietnam at $39/mt on July 23, unchanged from the previous week. Platts assessed cement clinker FOB Vietnam at $32.50/mt, down from $32.75/mt over the same period.