Ambuja Cement reports revenue of US$4746m
Ambuja Cement , part of the Adani Group , has reported revenue from operations of INR389,370m (US$4746m) in FY22-23. EBITDA came in at INR58,600m, with an EBITDA margin of 15 pe...
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ACC reports revenue of US$2706m
Indian cement producer ACC Ltd has reported revenue from operations of INR222,100m (US$2706m) in FY22-23. EBITDA came in at INR22,560m, while profit after tax stood at INR8700m....
UltraTech Cement listed in 'Best of Indian Brands 2023'
UltraTech Cement Ltd has ranked 28th in Interbrand’s ‘Best Indian Brands 2023’ ranking list. UltraTech is the only cement brand to be featured in the 2023 list. Interbrand, a le...
Adani Group rebuilds investor confidence
The Adani Group, which owns Ambuja Cements and ACC Ltd , is reportedly targeting 20 per cent YoY growth in pretax profits to INR900,000m (US$10,971m) within the next 2-3 years. ...
Ambuja Cements and ACC scoop sustainability awards
Ambuja Cements and ACC , part of the Adani Group , have been recognised among ‘India's Top 50 Most Sustainable Companies’ by BW Businessworld. Ambuja Cements has also been named...
UltraTech Cement Ltd ranked No1 for Sustainability
UltraTech Cement Ltd has been ranked No1 in Sustainability in the Infrastructure and Engineering sector in Sustain Labs Paris and BW Businessworld’s India's Most Sustainable Com...
Barak Valley Cements announces resignation
India-based Barak Valley Cements Ltd has announced the resignation of director, Dhanpat Ram Agarwal, with immediate effect, reports Dow Jones Newswire. Mr Agarwal is leaving the...
Indian cement prices forecast to fall 1-3%
Cement prices in India are expected to fall by 1-3 per cent in the current fiscal year (April 2023-March 2024), after recording a four per cent compound annual growth rate (CAGR...
Adani Group in talks with more lenders over acquisition loan
The Adani Group is reportedly in talks with at least five new international banks regarding its refinancing of US$3.8bn of loans taken for its acquisition of ACC Limited and Amb...
Shree Cement announces further expansion plans
Shree Cement has announced a new round of capacity expansions, which will take the company’s total cement production capacity to 55.9Mta. The cement producer currently runs 46.4...