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After Adani Group taking over ACC and Ambuja Cement, the EBITDA has risen to Rs 1,350 per tonne from Rs 350 and the group is looking to scale it up to Rs 1,400 by 2024, sources said.
In a move to broaden its business verticals, Adani Group last year acquired Ambuja Cement Ltd and ACC Ltd. Ambuja ....
Adani Cement: Ambuja Cement has a cement capacity of 31 million tonne per annum with 6 integrated cement manufacturing plants and 8 cement grinding units across the country. ....
Post Adani takeover, ACC-Ambuja Cement EBITDA rises to Rs 1,350/tonne devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Adani Group has increased its EBITDA per tonne of cement from Rs 350 to Rs 1,350 since taking over ACC and Ambuja Cement in September 2022. The group plans to double its annual cement making capacity by 2027. The EBITDA margin is set to be raised to about 25%. The group aims to achieve a sale of 120 million tonne by March 2028, a topline of Rs 70,000 crore, and EBITDA of Rs 17,500 crore. ....