ambuja

Cement companies’ Q2 profitability to surge on strong volumes – ET Infra

A strong year-on-year growth in volume, along with lower cost of power and fuel is seen boosting earnings of domestic cement producers in the September quarter, with average profitability of the industry seen surging by at least 50% compared to the previous year, said analysts. While operating margins are seen lower on a sequential basis […]

Cement companies’ Q2 profitability to surge on strong volumes – ET Infra Read More »

Adani in talks with banks to refinance debt taken for Ambuja Cements – ET Infra

Adani Group is in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements Ltd, with lenders divided into three categories in what could be one of Asia‘s largest syndicated loan deals of the year. Banks are likely to refinance a total of $3.5 billion, according to people familiar with

Adani in talks with banks to refinance debt taken for Ambuja Cements – ET Infra Read More »

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per tonne)

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra Read More »

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra

MUMBAI: Adani Cement‘s profitability is set to improve by as much as 45-50% over the next five years as it builds new capacities with a substantial cost advantage, while strategic initiatives boost the profitability of its existing plants, chief executive officer Ajay Kapur said. “The Ebitda (earnings before interest, tax, depreciation and amortisation) (per tonne)

Adani Cement set to improve profit by 45-50% in 5 years, says CEO – ET Infra Read More »

Sanghi buy to help Ambuja Cements scale up fast – ET Infra

Adani-owned Ambuja Cements‘ recent acquisition is seen helping the company scale up capacity at a lucrative cost and emerge as one of the dominant players in western India over the medium term, although question marks remain over the immediate prospects of the freight-heavy primary building material that is decidedly regional in its pricing dynamics and

Sanghi buy to help Ambuja Cements scale up fast – ET Infra Read More »

No merger, Sanghi to stay listed for now: Karan Adani – ET Infra

The Adani Group, which announced the acquisition of Gujarat-based cement maker Sanghi Industries on Thursday, plans to increase its overall cement manufacturing capacity to 140 million tonnes in the next five years. Karan Adani, director, Ambuja Cement, told ET’s Deborshi Chaki and Nehal Chaliawala in an interview that the group is open to more acquisition

No merger, Sanghi to stay listed for now: Karan Adani – ET Infra Read More »

Shree Cement wins bid for Maharashtra limestone mine – ET Infra

India’s third largest cement manufacturer, Shree Cement, has won the bid for a limestone mine in Maharashtra’s Chandrapur district with estimated reserves of 50 million tonne, as per details sourced from a government website. The mine is capable of servicing raw material requirements for a 1.5 million tonne per annum cement manufacturing plant, according to

Shree Cement wins bid for Maharashtra limestone mine – ET Infra Read More »

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