Cement News tagged under: Ambuja Cement
Ambuja Cement records 57% PAT increase in 1Q1901 May 2019, Published under Cement NewsIndia’s Ambuja Cement Ltd (LafargeHolcim) has announced its stand-alone results for the 1Q19, recording a 57 per cent YoY increase in net profit after tax to INR4.27bn (US$61.4m) from INR2.72bn. However, its operating EBITDA declined 8.7 per cent to INR4.63bn from INR5.07bn. Net sales rose three per cent to INR28.47bn in the first quarter of 2019, compared with INR27.63bn of the year-ago period. In particular, cement sales showed four per cent growth to finish at 6.37Mt against 6.22Mt of t... |
Leading from the front18 March 2019, Published under Cement NewsFollowing last year’s IPCC report on climate change, there has never been a greater urgency to reduce greenhouse gas emissions across all sectors and geographies to limit global warming to 1.5˚C. Therefore, the built environment will need to fast-track to zero carbon. In India, the world’s second-biggest cement producer, three of the country’s major players – Dalmia Cement, Ambuja Cement and UltraTech Cement – are leading from the front. By Jennifer Gerholdt, We Mean Business. Improvi... |
Ambuja Cement calls on collaboration for sustainable water management17 December 2018, Published under Cement NewsAmbuja Cement Foundation (ACF), the CSR arm of Ambuja Cements Ltd, has called for a greater emphasis on cohesive and collaborative efforts to inspire sustainable water management and build water sufficient, progressive and prosperous communities across India. In association with Samhita – a social enterprise specialising in developing CSR initiatives – ACF hosted a participatory dialogue on 'Investing in Water for Today and the Future' to address and mitigate the growing water scarcity issu... |
Ambuja Cement records 13% net profit rise for 3Q1825 October 2018, Published under Cement NewsIndia’s Ambuja Cement has announced a 12.7 per cent YoY increase in consolidated net profit to INR3.96bn (US$54.08m) for the 3Q18, ended 30 September. Total income rose by 11.8 per cent to INR60.97bn, compared to INR54.51bn of the year-ago period. Net profit was supported by an 8.7 per cent growth in cement sales volumes to 5.46Mt from 5.02Mt. "Our continued focus on growing the topline with our well-defined marketing and commercial strategies focusing on the retail consumers, value adde... |
Ambuja Cement among top 5 in DJSI 201818 September 2018, Published under Cement NewsLafargeHolcim-owned Ambuja Cement has gained two places to the fifth spot on the Construction Material Dow Jones Sustainability Index (DJSI) 2018. Ambuja Cement MD and CEO, Ajay Kapur, said, “We are truly honoured by this highest recognition for the second year in a row from the global DJSI ranking, which is regarded as the most respected independent sustainability ranking system. While this accomplishment reaffirms Ambuja Cement as the clear leader in Sustainability, what makes us feel e... |
Ambuja reports 27% rise in standalone net profit26 July 2018, Published under Cement NewsIndia’s Ambuja Cement has reported a 27.3 per cent YoY increase in standalone net profit for the quarter ended 30 June, rising to INR4.99bn (US$72.62m) from INR3.92bn. Net sales advanced 3.9 per cent to INR29.27bn, compared to INR28.17bn of the year-ago period. "Ambuja is well positioned to benefit from the upsurge in rural demand and the encouraging external environment," said Ajay Kapur, managing director and CEO, Ambuja Cement. However, the company has recorded a 5.1 per cent fall i... |
Ambuja Cement co-processes 12,500t of biomass at Rabriyawas works22 January 2018, Published under Cement NewsLafargeHolcim-owned Ambuja Cement has co-processed more than 12,500t of biomass from farmers at its Rabriyawas plant in 2017, a considerable increase when compared with less than 800t in 2012. The Ambuja Cement Foundation established a farmer-producer company to directly supply biomass to Geocycle India, which processed the waste into a suitable fuel for firing the Rabriyawas kiln. |
LafargeHolcim01 November 2017, Published under Cement NewsThe Indian LafargeHolcim subsidiary Ambuja Cement sold 17.09Mt of cement during the first half of 2017, a YoY increase of six per cent with the third quarter showing an 11.6 per cent rise to 5.02Mt. The turnover advanced by 10.1 per cent to INR76.29bn, but EBITDA were only 3.1 per cent ahead at INR14bn. Net profit showed a 21 per cent rise to INR9.11bn. Including ACC, the cement volume was ahead by 8.1 per cent to 36.38Mt, while the turnover was ahead by 13.6 per cent to INR170.95bn and EBIT... |
Ambuja Cement's strategy pays off27 October 2017, Published under Cement NewsThis week the 3Q17 results have been flooding in for Indian cement manufacturers with Lafarge-Holcim-owned ACC and Ambuja Cement reporting their results and seeing net profits rise to nearly double-digits in the latter's case. "Ambuja Cement has delivered a strong set of results. We have focussed on building brand equity, and providing value to our customers through differentiated offerings for individual home builders, building and infrastructure segments," said Ajay Kapur, managing dire... |
Ambuja Cements reports 2Q sales rise25 July 2017, Published under Cement NewsAmbuja Cements reported an 11.7 per cent increase in net sale in the 2Q17 as cement volumes and price realisations improved. The pan-Indian cement producer said net sales reached INR28.23bn versus INR25.28bn in the 2Q16. Cement volumes increased to 6.05Mt in the quarter under review compared to 5.76Mt in the April-June 2016 period. For the first six months of 2017, volumes rose to 12.07Mt, up 3.9 per cent YoY. Operating EBITDA for the quarter stood at INR6.51bn versus INR5.98bn in the ... |