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Ambuja Cements News

14 Jun 2024

Ambuja Cements Shares: Buy, Hold Or Sell? What Global Brokerage Firms Say

Ambuja Cements reported profit after tax (PAT) at Rs 4,738 crore for FY24 -- up by a record-setting 119 per cent (year-on-year) -- and operating EBITDA at Rs 6,400 crore, up by 73 per cent.

18 Apr 2024

Adani Family Further Infuses Rs 8,339 Crore In Ambuja Cements

This follows the investment of Rs 5,000 crore on October 18, 2022, and Rs 6,661 crore on March 28 this year by the promoter of the company, thereby infusing a total amount of Rs 20,000 crore in Ambuja Cements post-acquisition.

05 May 2017

ACC to consider merger with Ambuja Cements

ACC Ltd, a part of the world's largest cement producer LafargeHolcim, is mulling over a possible merger with promoter group firm Ambuja Cements.

28 Oct 2015

Ambuja Cements Q3 Net falls 36%; CFO Sanjeev Churiwala resigns

Ambuja Cements Wednesday reported 36 percent decline in its standalone net profit at Rs 153.57 crore for the third quarter ended September 30, 2015, due to an additional depreciation charge, among other factors.

07 Jul 2015

Nestle pays Ambuja Cements Rs 20 cr to destroy Maggi packets

Ambuja Cements, formerly known as Gujarat Ambuja Cements, is believed to have been paid the amount for burning the recalled packets of Maggi noodles at its cement plant in Chandrapur in Maharashtra.

17 Mar 2015

Ambuja to invest Rs 370 cr for development of Gare-Palma-IV/8

The cement maker, in which Swiss building material major Holcim has majority stake, said it expects mining operation in the said block to start in 2018.

18 Feb 2015

Ambuja Cements Dec quarter net profit up 4% at Rs 329 cr

Total income of the company rose to Rs 1,404.85 crore during the quarter compared to Rs 2,213.25 crore a year ago.

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