Ambuja Cements Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 03:36 pm
Ambuja Cements Limited reported strong financial results for Q2 FY '25, achieving a revenue of INR 7,516 crores, with a year-on-year volume growth of approximately 9%. The company is acquiring a 46.8% stake in Orient Cements to enhance its market share. Total capacity is set to increase to 97.4 million tons post-acquisition, with a long-term target of 140 million tons by FY '28. The company remains debt-free and continues to focus on cost reduction and sustainability initiatives.
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