Orient Cement Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting
25-07-2025 | 07:45 pm
25-07-2025 | 07:45 pm
Orient Cement's board has approved the financial results for the quarter ended June 30, 2025. Revenue from operations stood at ₹866.48 Cr. The company reported a Net Profit of ₹205.37 Cr, a significant jump mainly due to adopting a new, lower corporate tax regime, which led to a substantial reversal of deferred tax liability and excess tax provisions. Basic EPS is ₹10.00. A major strategic update: Ambuja Cements acquired a 72.66% stake, making Orient Cement its subsidiary following a completed open offer.
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