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Adani Group's Cement Business Contributes To 30% Of India's Homes: Ambuja Cement CEO
Adani Group firm Ambuja Cements -- the second largest cement producer in the country -- contributes to nearly 30 per cent of the cement used for India's homes and infrastructure, the company said in its latest annual report.
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Ambuja Cements Appoints Vinod Bahety As CEO, Ajay Kapur As Managing Director
Ambuja Cements, part of Adani Group, in a top-level reshuffle, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director.
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Adani Group Acquires 47% Stake In Orient Cement For Rs 8,100 Crore
Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.
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3 Adani Group Firms Join World Economic Forum Initiative On Decarbonisation
Three Adani portfolio companies - Adani Enterprises Ltd (AEL), Adani Ports and Special Economic Zone Ltd (APSEZ) and Ambuja Cements Ltd - have joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative.
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In Ambuja Cements' 1st Bihar Venture, Massive Rs 1,600 Crore Investment For Cement-Grinding Unit
Ambuja Cements Limited, part of the diversified Adani portfolio, announced its first venture in Bihar, marking the largest investment in the state by a cement industry player.
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Ambuja Cements Reports Sustainable Q1 Results, With Profit Of Rs 790 Crore
Cement and building materials major Ambuja Cements on Wednesday reported sustainable quarterly results for the April-June quarter, with operating EBITDA at Rs 1,280 crore and PAT at Rs 790 crore.
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Adani Group's Ambuja Cements Q4 Profit More Than Doubles To Rs 1,525 Crore
Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit at Rs 1,525.78 crore for the fourth quarter ended on March 2024.
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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
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Adani Group Infuses Another Rs 8,339 Crore In Ambuja Cements, Raises Stake To 70.3%
Billionaire Gautam Adani's family infused an additional Rs 8,339 crore into Ambuja Cements, raising its stake in the company to 70.3%, to help the cement maker's manufacturing capacity.
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Ambuja Cements To Acquire Grinding Unit In Tamil Nadu For Rs 414 Crore
Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore.
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Ambuja Cements Sees Q2 Profit Of Nearly Rs 1,000 Crore
Ambuja Cements Ltd on Wednesday reported a multifold increase in consolidated net profit at Rs 987.24 crore for the quarter ended on September 30, on reduction in operating cost.
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Sanghi Industries Shares Surge After Takeover By Adani Group's Ambuja Cement
Shares of Sanghi Industries today jumped 5 per cent after Ambuja Cement announced the acquisition of a majority stake in the cement manufacturer at an enterprise value of Rs 5,000 crore.
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Adani Group's Ambuja Cement Acquires Cement Maker Sanghi Industries
Ambuja Cement, a part of Adani Group, today announced its acquisition of Sanghi Industries at an enterprise value of Rs 5,000 crore.
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Adani Group-Owned Ambuja Cements Q1 Profit Up 31.2% To Rs 1,135.46 Crore
Ambuja Cements today reported an increase of 31.2 per cent in consolidated net profit at Rs 1,135.46 crore for the quarter ended on June 30, 2023, led by volume growth and reduction in operating cost.
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Ambuja Cements' December Quarter Profit Rises On Higher Demand
The management of Adani group entities is considering appointing independent firms to "look into the issues and compliance of applicable laws and regulations, related party transactions, internal controls etc," Ambuja said.
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Adani Group's Cement Business Contributes To 30% Of India's Homes: Ambuja Cement CEO
Adani Group firm Ambuja Cements -- the second largest cement producer in the country -- contributes to nearly 30 per cent of the cement used for India's homes and infrastructure, the company said in its latest annual report.
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Ambuja Cements Appoints Vinod Bahety As CEO, Ajay Kapur As Managing Director
Ambuja Cements, part of Adani Group, in a top-level reshuffle, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director.
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Adani Group Acquires 47% Stake In Orient Cement For Rs 8,100 Crore
Ambuja Cements, the cement and building material company of the diversified Adani Group, on Tuesday announced to acquire Orient Cement Ltd (OCL) at an equity value of Rs 8,100 crore.
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3 Adani Group Firms Join World Economic Forum Initiative On Decarbonisation
Three Adani portfolio companies - Adani Enterprises Ltd (AEL), Adani Ports and Special Economic Zone Ltd (APSEZ) and Ambuja Cements Ltd - have joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative.
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In Ambuja Cements' 1st Bihar Venture, Massive Rs 1,600 Crore Investment For Cement-Grinding Unit
Ambuja Cements Limited, part of the diversified Adani portfolio, announced its first venture in Bihar, marking the largest investment in the state by a cement industry player.
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Ambuja Cements Reports Sustainable Q1 Results, With Profit Of Rs 790 Crore
Cement and building materials major Ambuja Cements on Wednesday reported sustainable quarterly results for the April-June quarter, with operating EBITDA at Rs 1,280 crore and PAT at Rs 790 crore.
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Adani Group's Ambuja Cements Q4 Profit More Than Doubles To Rs 1,525 Crore
Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit at Rs 1,525.78 crore for the fourth quarter ended on March 2024.
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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
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Adani Group Infuses Another Rs 8,339 Crore In Ambuja Cements, Raises Stake To 70.3%
Billionaire Gautam Adani's family infused an additional Rs 8,339 crore into Ambuja Cements, raising its stake in the company to 70.3%, to help the cement maker's manufacturing capacity.
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Ambuja Cements To Acquire Grinding Unit In Tamil Nadu For Rs 414 Crore
Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore.
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Ambuja Cements Sees Q2 Profit Of Nearly Rs 1,000 Crore
Ambuja Cements Ltd on Wednesday reported a multifold increase in consolidated net profit at Rs 987.24 crore for the quarter ended on September 30, on reduction in operating cost.
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Sanghi Industries Shares Surge After Takeover By Adani Group's Ambuja Cement
Shares of Sanghi Industries today jumped 5 per cent after Ambuja Cement announced the acquisition of a majority stake in the cement manufacturer at an enterprise value of Rs 5,000 crore.
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Adani Group's Ambuja Cement Acquires Cement Maker Sanghi Industries
Ambuja Cement, a part of Adani Group, today announced its acquisition of Sanghi Industries at an enterprise value of Rs 5,000 crore.
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Adani Group-Owned Ambuja Cements Q1 Profit Up 31.2% To Rs 1,135.46 Crore
Ambuja Cements today reported an increase of 31.2 per cent in consolidated net profit at Rs 1,135.46 crore for the quarter ended on June 30, 2023, led by volume growth and reduction in operating cost.
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Ambuja Cements' December Quarter Profit Rises On Higher Demand
The management of Adani group entities is considering appointing independent firms to "look into the issues and compliance of applicable laws and regulations, related party transactions, internal controls etc," Ambuja said.
