The Adani Family last month fully subscribed to the warrants programme in Ambuja Cements by further infusing Rs 8,339 crore, increasing its stake in the building material company to 70.3 percent.
Ambuja Cements on Wednesday reported profit after tax (PAT) at Rs 4,738 crore for FY24 up by a record-setting 119 per cent (year-on-year) and operating EBITDA at Rs 6,400 crore, up by 73 per cent.For the fourth quarter in FY24, the cement .
Ambuja Cements, the cement and building materials flagship of the diversified Adani Group, today announced a record-setting standalone and consolidated financial results for Q4 and full year ended March 31, 2024. This strong performance is driven by improved KPIs in all operational parameters - Newsx
Ambuja Cements reported a standalone net profit of 532 crore rupees for the quarter that ended in March 2024, showing a 6% increase compared to the previous year. Revenue from operations in the fourth quarter rose by 12% year-on-year to Rs 4,780 crore. The Board has recommended a dividend of Rs 2 per equity share for the financial year 2023-24, subject to approval of shareholders of the company.