Posts tagged with Ambuja Cements’

CCI Investigation against Cement Companies
Dec 2020 , by in ALLIED

The fair trade regulator - The Competition Commission of India (CCI) has initiated an investigation against UltraTech Cement and two subsidiaries of the world’s largest cement maker LafargeHolcim. Swiss-based LafargeHolcim confirmed that officials visited the Mumbai offices of ACC and Ambuja Cemen... Read more...

Ambuja Cements Q1CY20 results ahead of estimates
Apr 2020 , by in ALLIED

ACEM’s Q1CY20 results were ahead of our estimates on operational parameters, led by higher realization and lower variable costs. Adjusted EBITDA stood at Rs6.1bn vs.estimated Rs4.9bn and EBITDA/ton came in at Rs938 vs. estimated Rs719. Higher realization and lower variable costs help better per... Read more...

Ambuja Cements’ Net Profit Rises
Apr 2020 , by in ALLIED

Ambuja Cements Ltd on Monday reported a 6.80 per cent rise in its consolidated net profit to Rs 742.59 crore for the first quarter ended March 31. The company, which follows the January-December financial year, had clocked a net profit of Rs 695.30 crore in the corresponding period a year ago, Ambuj... Read more...

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