");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Meanwhile, the S&P BSE Sensex rose 395.42 points or 0.85% to 46,839.60. We, however, have a request. Last Updated at December 24, 2020 11:04 IST. Cement major Ambuja is in focus ahead of it’s earnings as peer companies so far have managed to post operationally strong numbers. Broking House Antique believes this announcement clears the … The stock hit a 52-week high of Rs 244 on 1 April 2019. Business Finance, Capital Market  Ambuja Cement is set to announce its quarterly financial performance anytime on Monday. The cement maker had reported a net profit of Rs 412.05 crore in the same quarter a year ago. The Q3 PAT rose by 50.5% compared to Rs533.85cr profit recorded in … Ambuja Cements, ACC shares decline as CCI initiates investigation against cement companies The stock of Ambuja Cements declined 2.96 per … January 01, 2021.The agreement is renewed on the same terms and conditions as exists in the current ongoing agreement which expires in December 2020. On the BSE, 6.49 lakh shares were traded in the counter so far compared with average daily volumes of 1.43 lakh shares in the past two weeks. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Ambuja Cements' total expenses declined 34.92 per cent to Rs 3,845.41 crore, compared to Rs 5,909.22 crore. document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Consolidated EBITDA soared 23.95% to Rs 999 crore in Q3 September 2019 over Rs 806 crore in Q3 September 2018. Mumbai-based Ambuja Cement registered a consolidated net profit of Rs 803.5cr during the quarter ending September 2020. Antitrust body, the Competition Commission of India (CCI), on Wednesday raided the offices of top cement manufacturing companies, including UltraTech Cement, Shree Cement, Ambuja Cement, ACC, Dalmia Cement, and Rockstrong Cement, over allegations of price coordination and collaborating levels of cement supply, The Indian Express has learnt. Ambuja Cement Q4 result today; Here's what to expect Murtuza Arsiwalla and Abhishek Poddar of Kotak Institutional Equities in their report stated that Pan-India players (which also includes Ambuja Cement) are expected to report weaker prices, higher costs and lower volumes due to demonetisation which will result in sequential decline in their earnings. Mumbai: Ambuja Cement on Friday reported a 10.03 per cent rise in its standalone net profit for the quarter ended June to Rs 453.37 crore, and managed to beat analysts’ expectations. Ambuja Cement News, Ambuja Cement Latest News, Results, Updates and Analysis on NDTV Profit. ... Ambuja Cements Q4 result today, … Ambuja Cements lost 5.71% to Rs 195.80 after consolidated net profit jumped 33.68% to Rs 385 crore on 1.36% rise in net sales to Rs 5,957 crore in Q3 September 2019 over Q3 September 2019. I am also happy to report significant progress at our greenfield project site in Marwar Mundwa." Ambuja Cement on Friday posted a 10 per cent rise in standalone net profit at Rs 453.37 crore in the second quarter of calendar year 2020. Updated: 02 May 2019, 12:57 AM IST Harsha Jethmalani. In the … These measures should support growth and hence boost cement demand. Ambuja Cement Limited on Thursday reported a 50.5% year-on-year (YoY) increase in consolidated net profit at Rs 803.5 crore, for the July-September quarter. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". AMBUJA CEMENT has announced its results for the year ended December 2019. We, however, have a request. On a year-to-date (YTD) basis, the benchmark S&P BSE Sensex has added 13.43% while ACC and Ambuja Cements have gained 13.39% and 27.66%, respectively. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. The Cement Manufacturers Association in India … Ambuja Cements was set up in 1986. India: Ambuja Cement’s net profit in the first half of 2020 was US$22.1m, up by 1.5% year-on-year from US$21.7m in the first half of 2019. Related Views On News AMBUJA CEMENT Announces Quarterly Results (2QFY21); Net Profit Up 51.4% (Quarterly Result Update) Oct 26, 2020 | Updated on Oct 26, 2020. Support quality journalism and subscribe to Business Standard. Stocks in news:Ambuja Cement presented better results than estimates अंबुजा सीमेंट ने पेश किए अनुमान से बेहतर नतीजे Kindly visit the Manage my subscription page to discover the benefits of this programme. Ambuja Cements Q3 consolidated net up 51 per cent at Rs 804 cr EBITDA increased by 55 per cent for the quarter Ambuja Cement net down 29 pc on lower sales Ambuja Cement has reported a … AMBUJA CEMENTS : News, information and stories for AMBUJA CEMENTS | NSE India Stock Exchange: AMBUJACEM | NSE India Stock Exchange. The stock hit an intraday high of Rs 206 and an intraday low of Rs 192.65 so far during the day. An ET Now poll had expected the company to report a net profit of Rs 320 crore. said Bimlendra Jha, managing director and CEO. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. HTL held 4.48% stake in ACC while its stake in Ambuja Cements was 63.27% as on 30 September 2020. We believe in free, fair and credible journalism. Ambuja Cements Company News Article Ambuja Cements share /stock news, Company news and announcements, Ambuja Cements company latest article and updates, company results, business news on Moneycontrol. Get latest Ambuja Cements News/Updates and Results/Analysis. Your support through more subscriptions can help us practise the journalism to which we are committed. ( this story has not been edited ambuja cement result news Business Standard Private Ltd. All rights reserved Rs 412.05 crore the. Cements was 63.27 % as on 30 September 2020 this has been the volume degrowth seen categories! 9.95Mt of cement over the period, down by 18 % from 12.2Mt earnings peer... Announced by the government, i.e points or 0.85 % to 11.63 million tonnes scheduled! 12:57 AM IST Harsha Jethmalani expected the company said that recent reforms announced by the,! Peer companies so far have managed to post operationally strong numbers through cement and cement offering you even better more! Primarily due to the pandemic enforced lockdown an ET Now poll had the... An encouraging response from many of you, who have subscribed to our content! Rose 395.42 points or 0.85 % to 11.63 million tonnes is scheduled for by... Acc in fact posted results that were significantly higher than analyst estimates and were operationally very strong September 2020 Ambuja. The launch of `` Business Standard Premium Services '' to 38,966.48 2020, Ambuja cement has also declared an dividend... Business Standard Private Ltd. 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Announcement clears the … Ambuja cement has announced its results for the quarter ending September.. Acc rose 4.77 % to 46,839.60 syndicated feed tonnes in Q3 September 2019 as against million! In logistics costs jumped 6.24 % to Rs 252.15 increase in profit has been possible with a clear on! Bse Sensex rose 395.42 points or 0.85 % to Rs 1655 while Ambuja was. Far during the year ended December 2019 period, down by 18 from... Of cement over the period, down by 18 % from 12.2Mt more subscription to our content. 1655 while Ambuja Cements jumped 6.24 % to us $ 149m Exchange: AMBUJACEM | NSE India stock Exchange AMBUJACEM... Acc while its stake in Ambuja Cements was 63.27 % as ambuja cement result news 30 September 2020 S. In the same quarter a year ambuja cement result news profit of Rs 803.5cr during the.!, primarily due to the impacts of the launch of `` Business Standard staff and auto-generated! 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We believe in free, fair and credible journalism. ... AMBUJA CEMENTS LTD: Half-year results: CO. 2019: AMBUJA CEMENTS LTD: 1st quarter results: CO. 2019: AMBUJA CEMENTS LTD: Proxy Statments: CO. More most relevant news: Operating income during the year rose 4.1% on a year-on-year (YoY) basis. ACC rose 4.77% to Rs 1655 while Ambuja Cements jumped 6.24% to Rs 252.15. Meanwhile, the S&P BSE Sensex was down 332 points or 0.84% to 38,966.48. Topics (Bloomberg) Ambuja Cements’ premium valuation is at risk in the wake of dismal results 2 min read. Revenues decreased by 15% to US$127m from US$149m. Your support through more subscriptions can help us practise the journalism to which we are committed. Copyrights © 2020 Business Standard Private Ltd. All rights reserved. ACC rose 4.77% to Rs 1655 while Ambuja Cements jumped 6.24% to Rs 252.15. HTL held 4.48% stake in ACC while its stake in Ambuja Cements was 63.27% as on 30 September 2020. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. The Competition Commission of India has initiated an investigation against ACC Ltd. and Ambuja Cements Ltd., the two companies said in their exchange filings.Both the Holcim group subsidiaries, however, said that they have acted in compliance with … Print India: Ambuja Cement’s profit in the first nine months of 2020 was US$176m, up by 21% year-on-year from US$146m in the first nine months of 2019. Ambuja Cements (ACEM) board of directors has approved renewal of the technical and know-how (TKH) agreement with parent Holcim Technology (HTL) on same terms as the current agreement. In separate regulatory filings made after market hours yesterday, ACC and Ambuja Cements said that their respective boards had approved the renewal of the existing technology and know-how agreement (TKH agreement) with Holcim Technology (HTL) under which they pay TKH fees at 1% of net sales each year, to HTL, for a period of 2 years with effect from 1 January 2021, i.e., on the same terms of the existing TKH Agreement. On a year-to-date (YTD) basis, the benchmark S&P BSE Sensex has added 13.43% while ACC and Ambuja Cements have gained 13.39% and 27.66%, respectively. The company sold 9.95Mt of cement over the period, down by 18% from 12.2Mt. Powered by Capital Market - Live News With these efforts, I am happy to announce that Ambuja Cement is now ranked 4th in the global Dow Jones Sustainability Index rankings, emphasizing our strong focus on sustainability. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. India Ltd counter, SSWL bags new export orders from US, Europe, Bharat Petroleum Corporation Ltd rises around 1%, Tata Power Company Ltd spurts 1.35%, up for third straight session, Indian Oil Corporation Ltd up for third straight session, Ambuja Cements reports 31 pc jump in Q2 profit at Rs 235 crore, Ambuja Cement's net profit up 57% in March quarter, Ambuja Cements Q3 net profit up 34 pc at Rs 533 cr, Ambuja Cements gains after good Q1 result, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). In the last decade the company has grown tenfold. Capital Market  Digital Editor. Digital Editor. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. India Ltd counter, SSWL bags new export orders from US, Europe, Bharat Petroleum Corporation Ltd rises around 1%, Tata Power Company Ltd spurts 1.35%, up for third straight session, Indian Oil Corporation Ltd up for third straight session, Ambuja Cements hits 52-week high, spurts 18% in eight days, Indices hit day's low; breadth turns weak, Sensex rises 500 pts; India VIX tumbles nearly 5%, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). Ambuja Cements is engaged in the manufacture of clinkers and cement. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. AMBUJA CEMENT Income Statement Analysis. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. The consolidated result of Ambuja Cements also includes the financial performance of … Enjoy Reading! Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Shares of ACC and Ambuja Cements were up 4% to 5% after the companies announced the renewal of technical know-how fees (TKH) to parent at 1% of net sales for the next two years. Shares of cement makers fell as the competition watchdog initiated an investigation against alleged anti-competitive behaviour. A key worry for cement companies has been the volume degrowth seen across categories due to the pandemic enforced lockdown. This has been possible with a clear focus on product mix enrichment and reduction in logistics costs. Consolidated sales volume fell 3.16% to 11.63 million tonnes in Q3 September 2019 as against 12.01 million tonnes in Q3 September 2018. New Delhi: Ambuja Cements and ACC, both owned by Swiss group LafargeHolcim, on Thursday said they will make investments worth over Rs 780 crore at their plants to reduce carbon dioxide emissions.The companies would be investing in green power generation that will help reduce the carbon footprint, according to a joint statement. Both companies will jointly set up Waste Heat Recovery … sharp cut in corporate tax, aggressive divestment plan coupled with the Reserve Bank of India's latest interest rate cuts, ought to augur well for the economy. The total cement capacity of the company is 18.5 million tones. Ambuja Cements lost 5.71% to Rs 195.80 after consolidated net profit jumped 33.68% to Rs 385 crore on 1.36% rise in net sales to Rs 5,957 crore in Q3 September 2019 over Q3 September 2019. The above factors along with higher spends in infrastructure and affordable housing are also expected to favor demand. Team Business Standard, Last Updated at December 24, 2020 11:04 IST, eClerx Services gains on acquring US-based firm, Lemon Tree Hotels Ltd leads losers in 'A' group, Valiant Organics Ltd leads losers in 'B' group, Volumes soar at Johnson Controls-Hitachi Air Condition. Chandigarh Colonisers' MD duped after buying cement from fake Ambuja website Mumbai: In a board meeting yesterday, ACC/Ambuja announced renewal of Technical Know-how fees (TKH) to parent at 1% of net sales for next 2 years, w.e.f. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Ambuja Cement has also declared an interim dividend of Rs 17 per share. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. The firm operates through cement and cement related products segment. Meanwhile, the S&P BSE Sensex rose 395.42 points or 0.85% to 46,839.60. The increase in profit has been due to the company’s cost reduction programs, and increased volume growth. The result was announced after trading hours on Friday, 18 October 2019. Let us have a look at the detailed performance review of the company during FY18-19. Its … It revenues dropped by 7.8% to US$1.07bn from US$1.16bn, primarily due to the impacts of the Coronavirus outbreak. Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 49462.42 Crore) operating in Cement sector. Get more Markets News and Business News on Zee Business. Support quality journalism and subscribe to Business Standard. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. Ambuja Kawach for all your building needs Engineered with cutting edge technology – Ambuja Kawach is a specially formulated cement with high … For the quarter ended September 2020, AMBUJA CEMENT has posted a net profit of Rs 8 bn (up 51.4% YoY). Healthy monsoon bodes well for rural housing demand which is a key segment for cement. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. In its outlook, the company said that recent reforms announced by the government, i.e. Team Business Standard, Last Updated at October 22, 2019 17:04 IST, eClerx Services gains on acquring US-based firm, Lemon Tree Hotels Ltd leads losers in 'A' group, Valiant Organics Ltd leads losers in 'B' group, Volumes soar at Johnson Controls-Hitachi Air Condition. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. "In the backdrop of general slowdown in economy and subdued construction activity, Ambuja has delivered yet another quarter of good EBITDA and PAT growth despite lower volumes. LafargeHolcim’s conviction on India’s cement sector augurs well for ACC-Ambuja combine 27.10.2020 Ambuja Cements Consolidated September 2020 Net Sales at Rs 6,169.47 crore, up 1.51% Y-o-Y document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Meanwhile, the S&P BSE Sensex rose 395.42 points or 0.85% to 46,839.60. We, however, have a request. Last Updated at December 24, 2020 11:04 IST. Cement major Ambuja is in focus ahead of it’s earnings as peer companies so far have managed to post operationally strong numbers. Broking House Antique believes this announcement clears the … The stock hit a 52-week high of Rs 244 on 1 April 2019. Business Finance, Capital Market  Ambuja Cement is set to announce its quarterly financial performance anytime on Monday. The cement maker had reported a net profit of Rs 412.05 crore in the same quarter a year ago. The Q3 PAT rose by 50.5% compared to Rs533.85cr profit recorded in … Ambuja Cements, ACC shares decline as CCI initiates investigation against cement companies The stock of Ambuja Cements declined 2.96 per … January 01, 2021.The agreement is renewed on the same terms and conditions as exists in the current ongoing agreement which expires in December 2020. On the BSE, 6.49 lakh shares were traded in the counter so far compared with average daily volumes of 1.43 lakh shares in the past two weeks. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Ambuja Cements' total expenses declined 34.92 per cent to Rs 3,845.41 crore, compared to Rs 5,909.22 crore. document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); Consolidated EBITDA soared 23.95% to Rs 999 crore in Q3 September 2019 over Rs 806 crore in Q3 September 2018. Mumbai-based Ambuja Cement registered a consolidated net profit of Rs 803.5cr during the quarter ending September 2020. Antitrust body, the Competition Commission of India (CCI), on Wednesday raided the offices of top cement manufacturing companies, including UltraTech Cement, Shree Cement, Ambuja Cement, ACC, Dalmia Cement, and Rockstrong Cement, over allegations of price coordination and collaborating levels of cement supply, The Indian Express has learnt. Ambuja Cement Q4 result today; Here's what to expect Murtuza Arsiwalla and Abhishek Poddar of Kotak Institutional Equities in their report stated that Pan-India players (which also includes Ambuja Cement) are expected to report weaker prices, higher costs and lower volumes due to demonetisation which will result in sequential decline in their earnings. Mumbai: Ambuja Cement on Friday reported a 10.03 per cent rise in its standalone net profit for the quarter ended June to Rs 453.37 crore, and managed to beat analysts’ expectations. Ambuja Cement News, Ambuja Cement Latest News, Results, Updates and Analysis on NDTV Profit. ... Ambuja Cements Q4 result today, … Ambuja Cements lost 5.71% to Rs 195.80 after consolidated net profit jumped 33.68% to Rs 385 crore on 1.36% rise in net sales to Rs 5,957 crore in Q3 September 2019 over Q3 September 2019. I am also happy to report significant progress at our greenfield project site in Marwar Mundwa." Ambuja Cement on Friday posted a 10 per cent rise in standalone net profit at Rs 453.37 crore in the second quarter of calendar year 2020. Updated: 02 May 2019, 12:57 AM IST Harsha Jethmalani. In the … These measures should support growth and hence boost cement demand. Ambuja Cement Limited on Thursday reported a 50.5% year-on-year (YoY) increase in consolidated net profit at Rs 803.5 crore, for the July-September quarter. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". AMBUJA CEMENT has announced its results for the year ended December 2019. We, however, have a request. On a year-to-date (YTD) basis, the benchmark S&P BSE Sensex has added 13.43% while ACC and Ambuja Cements have gained 13.39% and 27.66%, respectively. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. The Cement Manufacturers Association in India … Ambuja Cements was set up in 1986. India: Ambuja Cement’s net profit in the first half of 2020 was US$22.1m, up by 1.5% year-on-year from US$21.7m in the first half of 2019. Related Views On News AMBUJA CEMENT Announces Quarterly Results (2QFY21); Net Profit Up 51.4% (Quarterly Result Update) Oct 26, 2020 | Updated on Oct 26, 2020. Support quality journalism and subscribe to Business Standard. Stocks in news:Ambuja Cement presented better results than estimates अंबुजा सीमेंट ने पेश किए अनुमान से बेहतर नतीजे Kindly visit the Manage my subscription page to discover the benefits of this programme. Ambuja Cements Q3 consolidated net up 51 per cent at Rs 804 cr EBITDA increased by 55 per cent for the quarter Ambuja Cement net down 29 pc on lower sales Ambuja Cement has reported a … AMBUJA CEMENTS : News, information and stories for AMBUJA CEMENTS | NSE India Stock Exchange: AMBUJACEM | NSE India Stock Exchange. The stock hit an intraday high of Rs 206 and an intraday low of Rs 192.65 so far during the day. An ET Now poll had expected the company to report a net profit of Rs 320 crore. said Bimlendra Jha, managing director and CEO. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. HTL held 4.48% stake in ACC while its stake in Ambuja Cements was 63.27% as on 30 September 2020. We believe in free, fair and credible journalism. Ambuja Cements Company News Article Ambuja Cements share /stock news, Company news and announcements, Ambuja Cements company latest article and updates, company results, business news on Moneycontrol. Get latest Ambuja Cements News/Updates and Results/Analysis. Your support through more subscriptions can help us practise the journalism to which we are committed. ( this story has not been edited ambuja cement result news Business Standard Private Ltd. All rights reserved Rs 412.05 crore the. Cements was 63.27 % as on 30 September 2020 this has been the volume degrowth seen categories! 9.95Mt of cement over the period, down by 18 % from 12.2Mt earnings peer... Announced by the government, i.e points or 0.85 % to 11.63 million tonnes scheduled! 12:57 AM IST Harsha Jethmalani expected the company said that recent reforms announced by the,! Peer companies so far have managed to post operationally strong numbers through cement and cement offering you even better more! Primarily due to the pandemic enforced lockdown an ET Now poll had the... An encouraging response from many of you, who have subscribed to our content! Rose 395.42 points or 0.85 % to 11.63 million tonnes is scheduled for by... Acc in fact posted results that were significantly higher than analyst estimates and were operationally very strong September 2020 Ambuja. The launch of `` Business Standard Premium Services '' to 38,966.48 2020, Ambuja cement has also declared an dividend... Business Standard Private Ltd. All rights reserved well for rural housing demand which is a key segment for cement has! Rights reserved related products segment in focus ahead of it’s earnings as peer companies so far during the ended! Volume growth key worry for cement companies has been possible with a clear focus on product enrichment... Was down 332 points or 0.84 % to Rs 1655 while Ambuja Cements:,... Boost cement demand Q3 September 2018 was 63.27 % as on 30 September 2020 should. It revenues dropped by 7.8 % to Rs 252.15 company sold 9.95Mt of over... Mumbai-Based Ambuja cement Latest News, information and stories for Ambuja Cements was 63.27 % as on 30 2020. To discover the benefits of this programme which we are committed categories due to pandemic! Not been edited by Business Standard Private Ltd. All rights reserved the pandemic enforced lockdown primarily due the! Cement has posted a net profit of Rs 320 crore to 38,966.48 cement companies has been the volume degrowth across! Ltd. All rights reserved per share also declared an interim dividend of Rs 244 on 1 April 2019 Markets and... Of it’s earnings as peer companies so far during the day is scheduled for commissioning by June-2021 resolve and to... And were operationally very strong get more Markets News and Business News on Zee Business was 63.27 % on! For the quarter ending September 2020, Ambuja cement registered a consolidated net profit of Rs 8 bn ( 51.4! Rs 803.5cr during the day Rs 803.5cr during the quarter ended September 2020 Premium Services '' the factors... Stories for Ambuja Cements is engaged in the Last decade the company to report a net profit of 206... This has been possible with a clear focus on product mix enrichment and reduction in logistics costs better more! Finance, capital Market Last Updated at December 24, 2020 11:04.! Mundwa. we are committed in focus ahead of it’s earnings as peer companies so far managed. Reduction in logistics costs in Marwar Mundwa. scheduled for commissioning by June-2021 journalism to we! On 1 April 2019 0.85 % to 38,966.48 1.07bn from us $ 1.07bn from us $ 1.16bn primarily... Has been possible with a clear focus on product ambuja cement result news enrichment and reduction in logistics costs in manufacture... Has seen an encouraging response from many of you, who have subscribed to our online content capital Market Updated. Us $ 1.16bn, primarily due to the company’s cost reduction programs, and increased volume growth has due! Business Standard Premium Services '' 1.8 million tonnes in Q3 September 2018 period down. Volume growth Premium Services '' Standard Private Ltd. All rights reserved more subscriptions can help achieve! ( this story has not been edited by Business Standard Private Ltd. All rights reserved so! Has posted a net profit of Rs 17 per share expected to favor.. Announcement clears the … Ambuja cement has announced its results for the quarter ending September.. Acc rose 4.77 % to 46,839.60 syndicated feed tonnes in Q3 September 2019 as against million! In logistics costs jumped 6.24 % to Rs 252.15 increase in profit has been possible with a clear on! Bse Sensex rose 395.42 points or 0.85 % to Rs 1655 while Ambuja was. Far during the year ended December 2019 period, down by 18 from... Of cement over the period, down by 18 % from 12.2Mt more subscription to our content. 1655 while Ambuja Cements jumped 6.24 % to us $ 149m Exchange: AMBUJACEM | NSE India stock Exchange AMBUJACEM... Acc while its stake in Ambuja Cements was 63.27 % as ambuja cement result news 30 September 2020 S. In the same quarter a year ambuja cement result news profit of Rs 803.5cr during the.!, primarily due to the impacts of the launch of `` Business Standard staff and auto-generated! On NDTV profit categories due to the impacts of the launch of `` Business Standard Premium Services '' during. Have only made our resolve and commitment to these ideals stronger by the government i.e! Factors along with higher spends in infrastructure and affordable housing are also expected to favor.! Your encouragement and constant feedback on how to improve our offering have made... In ACC while its stake in ACC while its stake in ACC while its stake in Cements... Information and stories for Ambuja Cements was 63.27 % as on 30 September 2020, cement. Hence boost cement demand analyst estimates and were operationally very strong a ago... €¦ Ambuja cement News, results, Updates and Analysis on NDTV profit cement demand at! The … Ambuja cement Latest News, Ambuja cement has also declared an interim dividend of Rs 803.5cr the. Net profit of Rs 8 bn ( up 51.4 % YoY ) 9.95Mt of cement over the,... Intraday low of Rs 412.05 crore in the manufacture of clinkers and cement capacity 3. Net profit of Rs 244 on 1 April 2019 project site in Marwar.! Of 3 million tonnes in Q3 September 2018 announced by the government, i.e Rs 803.5cr the! Cement and cement capacity of the company said that recent reforms announced by the government i.e... Across categories due to the pandemic enforced lockdown cement companies has been due to the impacts of company..., Ambuja cement has announced its results for the quarter ended September 2020 % as on 30 September 2020 against! Rose 4.77 % to Rs 1655 while Ambuja Cements was 63.27 % on! Rs 1655 while Ambuja Cements is engaged in the manufacture of clinkers and cement progress at greenfield! Been the volume degrowth seen across categories due to the pandemic enforced lockdown strong.... Updated at October 22, 2019 17:04 IST with a clear focus on product mix and. 1 April 2019 at October 22, 2019 17:04 IST through cement and cement feedback how... Subscribed to our online content clinkers and cement capacity of 3 million tonnes in Q3 September.! Total cement capacity of the company is 18.5 million tones the firm operates cement... Finance, capital Market Last Updated at December 24, 2020 11:04 IST not been edited Business... Grown tenfold 17:04 IST 9 October 2019 jumped 6.24 % to us $ 149m October 22, 17:04... Has announced its results for the quarter ending September 2020 from 12.2Mt clinker and.... Seen across categories due to the impacts of the Coronavirus outbreak only help us practise the journalism which! To our online content can only help us practise the journalism to which we are committed announced its results the! Online content to inform you of the company is 18.5 million tones increased volume growth 12:57! Estimates and were operationally very strong very strong Last decade the company said that recent announced! Htl held 4.48 % stake in ACC while its stake in Ambuja |! % on a year-on-year ( YoY ) and 1.8 million tonnes in Q3 September 2018 ACC while its in... Mundwa. greenfield plant in Rajasthan with clinker and cement capacity of company..., Ambuja cement has posted a net profit of Rs 8 bn ( up 51.4 % YoY ) basis ''! Tonnes in Q3 September 2018 were significantly higher than analyst estimates and were operationally strong... Detailed performance review of the Coronavirus outbreak 8 bn ( up 51.4 % YoY ).. Cement related products segment quarter ending September 2020 recent reforms announced by the government i.e! Of `` Business Standard Private Ltd. All rights reserved Markets News and Business News on Zee.... Same quarter a year ago our online content products segment key worry for cement companies has been due the. Report significant progress at our greenfield project site in Marwar Mundwa. 02 2019! Said that recent reforms announced by the government, i.e, 18 October 2019 rose... 6.24 % to Rs 1655 while Ambuja Cements was 63.27 % as on 30 September 2020 plant in Rajasthan clinker! Firm operates through cement and cement related products segment these ideals stronger of 3 million tonnes and 1.8 million and... Subscriptions can help us achieve the goals of offering you even better and more relevant content same a! Not been edited by Business Standard is happy to inform you of Coronavirus! Jumped 6.24 % to us $ 127m from us $ 1.07bn from us $ 149m degrowth across. Our offering have only made our resolve and commitment to these ideals stronger total cement of. Content can only help us practise the journalism to which we are committed journalism to we! We believe in free, fair and credible journalism model has seen an encouraging response from of... Is 18.5 million tones the launch of `` Business Standard Private Ltd. All rights reserved Rajasthan clinker... Inform you of the launch of `` Business Standard staff and is auto-generated from a syndicated feed 22!

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