Ambuja Cements

Ambuja Cements' reported Q3 profit plunged due to one-time income and tax credit in the year-ago quarter, even as normalised profit and volumes rose sharply

Adani Group firm Ambuja Cements Ltd on Friday said its profit after tax declined 86.21 per cent to Rs 366.97 crore in the December quarter of FY26, citing a higher base due to tax gains in the year-ago quarter. Ambuja Cements Ltd (ACL) reported a profit after tax (PAT) of Rs 2,662.97 crore in the October-December quarter of the last fiscal, according to a regulatory filing. ACL, along with its subsidiary ACC, received a favourable order from a high court, following which they reassessed their tax liabilities for Q3/FY25. An amount of Rs 1,179.71 crore and Rs 516.84 crore were recorded in the books of ACL and ACC, respectively, and disclosed the write-back under tax adjustments relating to earlier periods. Besides, ACL also received a cash refund of Rs 203.17 crore along with an interest of Rs 25.60 crore after getting a favourable verdict from the Commissioner of Income Tax (Appeals) dated August 5, 2024, the filing said. It registered a PAT of Rs 378 crore in Q3 of FY26, which was

Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today

Post-merger, analysts reckon Ambuja Cements will emerge as one of the largest cement companies in India by capacity

Leading Indian companies like Tata Steel have joined hands with Swedish technology innovators to launch seven projects to drive decarbonisation in the domestic steel and cement sectors. As India advances towards its 2070 net-zero target, reducing emissions from these hard-to-abate sectors will be essential to support the country's infrastructure development, industrial growth, and long-term climate ambitions, a press statement has said. The projects include using hydrogen in rotary kilns for steelmaking, recycling steel slag to produce green cement, and deploying AI to support cement decarbonisation. Seven innovative projects have been selected to conduct pre-pilot feasibility studies in India under the Lead IT industry transition partnership, with funding from the Department of Science and Technology, Government of India and the Swedish Energy Agency, the statement said. Leading Indian and global companies, research institutes, and technology innovators are driving these seven ...

The price-to-moving averages hints at a favourable trend for India Cements; similarly, select technical factors augur well for cement stocks such as Ambuja Cements, Ramco Cements and NCL Industries.

Low base, premium mix and new capacity supported gains

Ambuja Cements shares rose 3 per cent after it reported a 268 per cent surge in its consolidated net profit in the September quarter

Reliance Industries, IndiGo, DLF, Ambuja Cements and Shree Cement can potentially rally up to 24 per cent from present levels, suggest technical charts.

With 18.4 mt sales and successful Orient Cement integration, Ambuja beats revenue estimates and posts 53% jump in EBITDA amid lower costs and strong premium mix

Ambuja Cements share price advanced 2 per cent in trade after brokerages iterated its 'Buy' rating on capacity expansion plan

Bharti Airtel, DMart, Adani Enterprises, Eternal among 10 large-cap stocks that look technically strong on charts and can deliver double-digit returns in the next six months.

Ambuja Cements shares rose 5 per cent, logging an intraday high at ₹562.5 per share; check all details here

The average gain for Ambuja Cements, an Adani group stock, after witnessing 'Golden Cross' formation has been 86% in the last three instances; can history be repeated? Here's what the charts say.

Q4 FY25 company results today: Bajaj Finserv, CEAT, IndiaMart, PSB, Schaeffler India, and Shoppers Stop will be among 42 companies to post earnings reports for the January-March quarter on Apr 29

Ambuja Cements, part of Adani Group, in a top-level rejig, has appointed Vinod Bahety as its new CEO and designated the incumbent Ajay Kapur as the managing director. The board of Ambuja Cements has approved the "Appointment of Vinod Bahety as Additional Director and Whole-time Director and Chief Executive Officer of the Company for a term of three years", the company said in a regulatory filing. Besides, Ambuja Cements, the second largest cement producer in the country, has also announced the appointment of Rakesh Tiwary as Chief Financial Officer of the company. The board also approved the appointment of Praveen Garg as a Non-Executive Independent director on the Board of the Company for three years. All these changes are going to be effective from April 1, 2025, the filing said. Meanwhile, ACC, a step-down subsidiary of Ambuja Cement, also informed the cessation of Ajay Kapur as its whole-time director and CEO. The board of ACC also approved the appointment of Vinod Bahety as

With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure

Consolidated revenue was at Rs 8,500 crore, with adjusted EBITDA at Rs 890 crore, and adjusted PAT at Rs 410 crore in Q3FY25

Ambuja Cements Q3FY25 results: The cement arm of Adani Group aims to achieve 104 MTPA capacity by Q4 FY25 and 118 MTPA by FY26

Nomura analysts project a 6 per cent year-on-year (Y-o-Y) volume growth for the Indian cement industry in FY26F, compared to an estimated 3 per cent in FY25F