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Tag: Ambuja Cements

Ambuja Cements partners with U.K.’s Leilac Ltd to build low-carbon cement project in Gujarat’s Kutch

Posted on June 22, 2026 By admin
Ambuja Cements partners with U.K.’s Leilac Ltd to build low-carbon cement project in Gujarat’s Kutch

Representative image | Photo Credit: Reuters Adani Group-owned Ambuja Cements on Monday (June 22, 2026) announced it has signed an agreement with U.K.’s Leilac Limited to collaborate on a low-carbon cement project in Gujarat’s Kutch district. The two entities would set up a commercial demonstration project at Ambuja Cements’ Sanghi plant in Kutch district to…

Read More “Ambuja Cements partners with U.K.’s Leilac Ltd to build low-carbon cement project in Gujarat’s Kutch” »

Business

Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement

Posted on November 11, 2024 By admin
Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement

Ambuja Cements, the cement and building material company of Adani Cement and is a part of the diversified Adani Group. File. | Photo Credit: Reuters Billionaire Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in CK Birla group firm Orient Cement Ltd in a…

Read More “Ambuja Cements seeks CCI nod to acquire majority stake in Orient Cement” »

Business

Ambuja Cements Q2 net profit falls 42% to ₹456 crore

Posted on October 28, 2024 By admin
Ambuja Cements Q2 net profit falls 42% to ₹456 crore

Ambuja Cements Limited is part of Adani Group. File | Photo Credit: The Hindu Ambuja Cements Limited, part of Adani Group, for the second quarter, reported consolidated net profit of ₹456 crore as compared with ₹793 crore in the year ago period, down by 42%.  The company’s revenue from operations for the quarter ending September…

Read More “Ambuja Cements Q2 net profit falls 42% to ₹456 crore” »

Business

Adani Group Infuses Another Rs 8339 Crore In Ambuja Cements, Raises Stake To 70.3%

Posted on April 17, 2024 By admin
Adani Group Infuses Another Rs 8339 Crore In Ambuja Cements, Raises Stake To 70.3%

The latest infusion raises the Adani family stake in Ambuja Cement to 70.3% (Representational) New Delhi: 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. The Adani family had previously invested Rs 5,000 crore in the…

Read More “Adani Group Infuses Another Rs 8339 Crore In Ambuja Cements, Raises Stake To 70.3%” »

Nation

Ambuja Cements to acquire My Home Group’s grinding unit in Tamil Nadu for ₹413.75 crore

Posted on April 15, 2024 By admin
Ambuja Cements to acquire My Home Group’s grinding unit in Tamil Nadu for ₹413.75 crore

File. | Photo Credit: Reuters Ambuja Cements on April 15 said it will acquire My Home Group’s cement grinding unit at Tuticorin in Tamil Nadu for a total value of ₹413.75 crore. The company — a part of the Adani Group — has signed a definitive agreement to acquire the cement grinding unit of the…

Read More “Ambuja Cements to acquire My Home Group’s grinding unit in Tamil Nadu for ₹413.75 crore” »

Business

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

Posted on November 1, 2023 By admin
Ambuja Cements Sees Q2 Profit Of Nearly Rs 1,000 Crore

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…

Read More “Ambuja Cements Sees Q2 Profit Of Nearly Rs 1,000 Crore” »

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