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India's Ambuja Cements beats quarterly profit view on strong volume growth
India's Ambuja Cements beat estimates for second-quarter profit on Monday, as higher-than-expected volume growth helped mitigate a decline in cement prices.
Ambuja Cements Q2 result: Profit and margin decline in Sept quarter but beat estimates
The cement maker’s revenue rose 6% to ₹4,213 crore in the second quarter of FY25 from ₹3969 crore in the corresponding in the previous fiscal. The Q2 revenue is 10% higher than the CNBC-TV18 poll projection of ₹3820 crore.
Ambuja Cements Surge After Profitable Quarter
Ambuja Cements Ltd recorded a net profit of Rs 472.89 crore in the September quarter, which led to a 3% rise in its shares. The firm's revenue reached Rs 7,516.11 crore, its highest Q2 revenue in five years.
Ambuja Cements Q2FY25 results: Net profit dips 42.5% to Rs 456 crore
For the quarter under review, Ambuja Cements reported a net profit of Rs 456 crore, down from Rs 793 crore reported a year ago. Net sales for the Adani Group-promoted entity rose marginally by 1.2 per cent to Rs 7,516 crore in the same period.
Ambuja Cements reports financial results for September 2024 quarter
India: Ambuja Cements has reported a 22% year-on-year fall in standalone net profit to US$60.4m for the quarter ending September 2024, down from US$77.6m in the same period in 2023. Revenue from operations rose by 6% year-on-year to US$507m,
Ambuja Cements delivers steady Q2-FY25 performance
Strategic investments in roads, railways along with urban and commercial amenities, is poised to drive robust growth. Ambuja Cements expects demand during 2024-25 to grow in the range of 4-5 per cent.
Ambuja Cements Stock Rises 3% After Earnings
Ambuja Cements Ltd.'s shares climbed 3% after reporting a consolidated net profit of Rs 472.89 crore for the September quarter. The firm's revenue also saw growth.
Ambuja Cements Q2 net profit falls 42% to ₹456 crore
Ambuja Cements Limited, part of Adani Group, reports 42% drop in net profit, focuses on growth and efficiency.
Ambuja Cements' stock climbs 3 pc post quarterly earnings
Shares of Adani Group firm Ambuja Cements Ltd (ACL) on Monday advanced 3 per cent as the firm reported a consolidated net profit of Rs 472
Q2 Result Of Ambuja Cements | Q2 Volume Growth Highest In 5 Years | Earnings With ET Now
Ajay Kapur, CEO, Ambuja Cements Ltd, highlighted that operating costs for the cement company decreased by 4%, driven by reduced energy and forwarding expenses. EBITDA reached ₹1,101 crores, with a profit after tax of ₹473 crores.
14h
on MSN
Ambuja Cements Q2 FY25: Profit down 43% to Rs 456 crore; revenue climbs 1%
The fall in net profit included an expectational item worth Rs 156.20 crore for settling arbitral proceedings between ACC ...
devdiscourse
8h
Ambuja Cements Sees Profit Dip Amidst Strategic Acquisitions
Ambuja Cements, part of the Adani Group, reported a consolidated net profit of Rs 472.89 crore in the second quarter of 2024, ...
Fortune India
22h
Ambuja Cements Q2 profit falls 42% to ₹456 crore
The company’s revenue rose marginally by 1.2% year-on-year to ₹7,516 crore for the second quarter. Shares of
Ambuja
...
6d
on MSN
Ambuja Cements to Acquire 46.8% Stake in Orient Cement, Open Offer Triggered for Public Shareholders
With this acquisition, Ambuja Cements will enhance its total operational capacity to 97.4 MTPA, fast-tracking its goal to ...
realty.economictimes.indiatimes
4d
Public hearing on proposed Ambuja cement plant held amid opposition by BRS in Telangana
A notification was issued for the public hearing a month ago as per procedures and people's views were taken today at the ...
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