Ambuja Cement Profit

The Adani group holds 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements)

Consolidated net sales rose 15.1 per cent to Rs 7,943 crore in the April-June period versus the same period last year

This will be the first result announcement by the company since it was acquired by the Adani group in May 2022

On BSE, the scrip closed 5.87 per cent lower at Rs 338.3; Intra-day, it was trading at Rs 337.2

Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline

Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline

Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline

The company, which owns ACC, sold 10.98 million tonne of cement during the quarter, a rise of 14.9 per cent