Ambuja Cements on Monday reported a consolidated net profit of Rs 1,766 crore for the September quarter. The Adani Group firm had reported a net profit of Rs 480 crore in the July-September quarter a year ago, according to a regulatory filing by Ambuja Cements Ltd (ACL).

The company's consolidated revenue from operations rose 25 percent at Rs 9,129.73 crore second quarter of the current fiscal. It was Rs 7,304.77 crore in the corresponding period of the last fiscal year.

ACL's total expenses in the Septmeber quarter rose to Rs 8,375.59 crore. Its total income, including other income, was Rs 9,431.53 crore during the quarter.

Vinod Bahety, Whole Time Director & CEO, Ambuja Cements, said: "This quarter has been noteworthy for the cement industry. Despite the headwinds from prolonged monsoons, the sector will benefit from the tailwinds of several favourable developments including GST 2.0 reforms, the Carbon Credit Trading Scheme (CCTS), and the withdrawal of coal cess.

"Our capacity expansion is well timed to capitalize on this positive momentum. We have upped our FY28 target capacity by 15 MTPA from earlier 140 MTPA to now 155 MTPA. This increase of 15 MTPA from debottlenecking initiatives will come at a much lower capex of USD 48/MT," he added.

The company is also installing 13 blenders at its plants over a period of 12 months which will optimize mix and increase share of premium cement, the company said.

Among its strategic initiatives, the company announced Cement Intelligent Network Operations Centre (CiNOC), an AI layer deep into our enterprise fabric, transforming every plant, process, and person into part of a self-learning, high-velocity operating network.

Shares of Ambuja Cements were trading higher at Rs 574.40 per share on the NSE, up 1.6 percent.