Ambuja Cements Limited — Results, 29-01-2025: Integrated Filing- Financial
29-01-2025 | 03:44 pm
29-01-2025 | 03:44 pm
Ambuja Cements Limited has reported its financial results for the quarter and nine months ended December 31, 2024. Total income reached ₹ 5,814.89 crore, with net profit after tax at ₹ 1,758.03 crore. The company has approved the acquisition of a 46.8% stake in Orient Cement for ₹ 395.40 per share and plans to make an open offer for an additional 26%. Additionally, it completed acquisitions in Sanghi Industries and Penna Cement, reflecting a strategic expansion in the cement sector. Investor sentiment could lean positively due to robust earnings and growth in market presence.
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