Ambuja Cements Ltd posted a consolidated revenue from operations of INR350.45bn (US$4133m) in the FY24-25, up 5.7 per cent YoY when compared with the FY23-24, when the revenue reached INR331.6bn. The company reported a 10 per cent YoY growth in cement and clinker sales volumes to a record 65.2Mt in the FY24-25. 

Operating EBITDA shrank by 6.7 per cent YoY to INR59.71bn in the FY24-25 from INR64bn in the FY23-24, which resulted in a decrease in the corresponding margin to 17 per cent from 19.3 per cent over the same period.

However, profit after tax advanced 8.9 per cent to INR51.58bn in the FY24-25 from INR47.35bn in the year-ago period. 

Diluted earnings per share improved to INR16.96 from INR16.65. 

Vinod Bahety, whole time director and CEO, Ambuja Cements, said: “This year marks a historic milestone in the journey of Ambuja Cements as we cross the 100Mta capacity. Additionally, we have ongoing organic expansions at various stages across the country, which will help us achieve 118Mta capacity by end of FY2026, a significant step, bringing us closer to our goal of 140Mta by 2028. The 100Mta milestone is not just a number, it’s a mark of our ambition, resilience, and purpose. As India builds the foundation for a US$10trn economy, we are committed towards our role in building the nation’s infrastructure that empowers growth, connects communities, and supports a greener tomorrow. Driven by Purpose and Defined by Progress – ‘Hum Karke Dikhate Hain’.”

Cement consumption in India is estimated between 4-5 per cent for the FY24-25, according to the company. Ambuja Cements expects cement demand to expand by 7-8 per cent in the FY25-26.

Operational highlights
During the financial year, Ambuja Cements commissioned 2.4Mta of brownfield expansion of the grinding unit in Farakka and debottlenecked 0.5Mta across various plants. 

The share of waste heat recovery systems increased by 4.8 percentage points from 12.5 to 17.3 per cent. 

In addition, it commissioned 200MW solar and 99MW wind power capacity out of a planned combined total of 1000MW, which it expects to achieve by June 2026. The solar power mix increased by 5.8 percentage points from 2.4 to 8.2 per cent YoY, taking up the share of green power by 10.5 percentage points to 26.1 per cent. 

The company also successfully completed the acquisition of Orient Cement.