Friday, June 6, 2025

Creating liberating content

Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign

Investigation finds social media companies help enable explicit deepfakes with

Akhil Akkineni and Zainab Ravdjee’s wedding at Annapurna Studios was

Related News

Tiffany Hagler-Geard | Bloomberg | Getty Images Shares of DocuSign tanked 18% in trading Friday, a day after the e-signature provider reported stronger-than-expected earnings but slashed its full-year billings outlook.

Peoples Democratic Party (PDP) president Mehbooba Mufti on Friday welcomed the arrival of the train to Kashmir, calling it a significant milestone achieved through the combined efforts of successive governments

Investigation finds social media companies help enable explicit deepfakes with ads for AI tools – CBS News Watch CBS News A study found 6% of American teens have been targets

Akhil Akkineni and Zainab Ravdjee’s wedding at Annapurna Studios was a masterclass in understated elegance, blending Telugu tradition with quiet luxury. The guest list included South Indian cinema royalty and

Uddhav Thackeray (left) and Raj Thackeray (File photo) NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray on Friday left it to the people of Maharashtra to “decide” whether his party

India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite

Trending News

India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite

US stock futures edged higher on Friday as markets awaited key labour data, while shares of Tesla rebounded following signs of de-escalation in the high-profile spat between CEO Elon Musk

The US treasury department on Thursday stopped short of labeling China a currency manipulator, but criticised Beijing for its lack of transparency in exchange rate policies. The decision came in

Russia’s central bank lowered its benchmark interest rate to 20 percent on Friday, easing it from a two-decade peak of 21 percent as signs of economic cooling and easing price

The Reserve Bank of India once again raised red flags over cryptocurrencies, warning that these digital assets could threaten the financial stability and monetary policy.Speaking to reporters after the central

NEW DELHI: The Reserve Bank of India (RBI) on Friday announced a 1% cut in the Cash Reserve Ratio (CRR), releasing Rs 2.5 lakh crore into the banking system, in

Ambuja cements clocks record high PAT of 9%, annual revenue surpasses Rs 35,000 crore

Word Count: 630 | Estimated Reading Time: 4 minutes


Ambuja cements clocks record high PAT of 9%, annual revenue surpasses Rs 35,000 crore

Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in a record annual revenue of Rs 35,045 crore for the financial year ended March 31, 2025, up 6% from the previous year.
Ambuja’s quarterly performance was equally strong. For Q4 FY25, EBITDA rose 10% YoY to Rs 1,868 crore, while EBITDA per tonne reached a record Rs 1,001. Standalone PAT for the quarter jumped 75% to Rs 929 crore. Earnings per share stood at Rs 3.88, with a dividend of Rs 2.00 per share declared.
Ambuja Cements crossed the 100 million tonnes per annum capacity mark, cementing its position as the world’s ninth-largest cement producer. The company also reported its highest-ever cement volumes at 65.2 million tonnes, up 10% from last year.
“This year marks a historic milestone in the journey of Ambuja Cements as we cross the 100 MTPA capacity,” said Vinod Bahety, whole time director and CEO. “We have ongoing organic expansions at various stages across the country, which will help us achieve 118 MTPA capacity by the end of FY 2026, a significant step, bringing us closer to our goal of 140 MTPA by 2028.”
The strong results were driven by cost optimisation efforts, capacity expansion, and sustainability initiatives. The company commissioned a 2.4 MTPA brownfield expansion at its Farakka Grinding Unit in West Bengal and completed the acquisition of Orient Cement, strengthening its national presence.
On the sustainability front, Ambuja commissioned 299 MW of renewable energy capacity, 200 MW solar and 99 MW wind, during FY25. This is part of its goal to reach 1,000 MW of green energy by June 2026 and achieve 60% green power usage by FY28.
Operationally, Ambuja kept logistics costs in check, reducing them by 2% to Rs 1,238 per tonne, while fuel costs per 1,000 Kcal dropped by 14%. Improved efficiencies came through better clinker utilisation and greater reliance on rail and marine transport.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account