Ambuja Cements Sees Q2 Profit Of Nearly Rs 1,000 Crore

November 1, 2023 admin

Ambuja Cements’ total expenses were down 8.52 per cent at Rs 6,564.28 crore. New Delhi: 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. The company, now part of the Adani Group, had clocked a…

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Adani Cement refinances $3.5 billion debt from 10 international banks

October 20, 2023 admin

Representational image only. | Photo Credit: Reuters Adani Cement, through Endeavour Trade and Investment Limited, has announced the completion of its refinancing programme for acquisition of debt taken for Ambuja and ACC, through a $3.5 billion financing package, raised from a clutch of international banks. “This facility will result in an overall cost saving of $300 million…

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