Ambuja Cements Q4FY24 net profit rises 64% to Rs 1,055 cr
Mumbai: Ambuja Cements Limited reported a 63.60 percent year-on-year rise in consolidated net profit at Rs 1,055.16 crore for the quarter that ended on March 31 in the financial year 2023-24 (Q4FY24).
Adani family injects Rs 6,661 cr in Ambuja Cement
Mumbai: The Adani family has injected Rs 6,661 crore into Ambuja Cement, elevating its stake in the company to 66.7%.
Ambuja Cements to invest Rs 1,000 cr in Jharkhand
New Delhi: Ambuja Cements, a part of the Adani Group, on Wednesday announced its intention to invest Rs 1,000 crore in setting up a cement grinding unit in the Godda district of Jharkhand.
Ambuja Cement Q3FY24 net profit soars 123% YoY to Rs 1090 cr
Mumbai: Ambuja Cement, owned by Gautam Adani, reported a 123 percent increase in consolidated net profit for the December quarter, reaching Rs 1,089.55 crore compared to Rs 487.88 crore the previous year. This surge was attributed to price hikes and strong demand for building materials.
Adani Group completes stake purchase in Sanghi Industries Ltd
Mumbai: Adani Group-owned Ambuja Cements completed the acquisition of Sanghi Industries Ltd (SIL) at a revised offer price of Rs 121.90 per share, ET reported.
Adani Group in talks to refinance debt 3.5 billion debt, Asia's biggest loan this year: Report
Mumbai: Adani Group is in talks with banks to refinance $3.8 billion worth of debt taken for the acquisition of Ambuja Cement Ltd, making it the biggest loan in Asia this year, Bloomberg reported.
Ambuja Cement Foundation helps scale up Strawberry production at Farakka
Kolkata: As many as 35 farmers from Farakka in West Bengal have each made over Rs 1 lakh in profits by switching to strawberry cultivation.
Ambuja Cement among the top 4 in global DJSI ranking
Kolkata, Sep 18 (UNI) Ambuja Cements Ltd., a part of the global conglomerate LafargeHolcim and one of the leading cement manufacturing companies in India, has moved one spot up to 4th rank globally in the Construction Material Category adjudged by the internationally renowned Dow Jones Sustainability Index - 2019, thus setting yet another benchmark in the sustainable development.