Ambuja Cements Limited — Important, 28-10-2024: Financial Result Updates

Ambuja Cements Limited reported its unaudited financial results for the second quarter and first half of FY2024. Revenue from operations increased to ₹7,516.11 crore. However, expenses also rose, impacting profits, which decreased to ₹472.89 crore after tax. The company acquired significant interests in Penna Cement Industries and Orient Cement. Additionally, it approved a scheme of amalgamation with Adani Cementation and reclassified certain costs. Full results and details are accessible on the company’s website.