Ahmedabad (Gujarat) [India], October 21 (ANI/BusinessWire India): Ambuja Cements Limited (Ambuja), the building materials arm of the diversified Adani Group, today announced the financial results for the quarter ended September 30, 2022. Operational Highlights: - Robust volume growth of 12% as compared to the same quarter last year. - Reduction in logistic costs driven by unleashing network synergy and various other cost efficiency measures. Financial Highlights: - Net sales of Rs. 3,631 Crore, an increase of 14% as compared to Rs. 3,193 Crore in the same quarter last year. - EBITDA for the quarter ended September 2022 stood at Rs. 304 Crore. "Cement industry has been facing significant margin pressure resulting from steep rise in global energy prices. However, recent cooling off in energy prices and post monsoon demand pick up appears like silver lining for coming quarters. Ambuja has embarked upon a transformational journey to gain both scale and market leadership, with focused
#ChangeTheStory, a corporate sustainability campaign by Ambuja Cements Ltd. and ACC Ltd., has been honoured with a Silver Award for Best use of Integrated Communications at the Fulcrum Awards 2022.
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