Ambuja Cements shares in focus after ACC commissions 1.5 MTPA grinding unit in Jharkhand
ADVERTISEMENT With this commissioning, Ambuja Cements' total installed cement capacity has increased to 104.45 MTPA, the company said in a regulatory filing.
'This development marks a significant milestone in the company's journey of growth and excellence,' it added.
Last month, Ambuja had commissioned a 2.4 MTPA brownfield expansion at its Sankrail unit in West Bengal, which had pushed its capacity to 102.95 MTPA.
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For the March 2025 quarter, Ambuja Cements reported a 75% year-on-year (YoY) rise in standalone net profit to Rs 929 crore, while revenue from operations grew 19% YoY to Rs 5,670 crore.
ADVERTISEMENT On a consolidated basis, however, profit after tax declined 9% YoY to Rs 956 crore, compared to Rs 1,051 crore in the same quarter last year. Consolidated revenue rose 12% YoY to Rs 9,872 crore.EBITDA stood at Rs 1,868 crore, up 10% YoY, with margins steady at 18.9%. EBITDA per tonne came in at Rs 1,001, excluding a one-time government grant recorded in the previous quarter.
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According to Trendlyne, the average analyst target price for Ambuja Cements is Rs 623, implying an upside of just over 6% from current levels. The stock holds a 'Buy' rating from 38 analysts.
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Ambuja shares closed 0.1% lower at Rs 590.7 on Wednesday on the BSE, while the benchmark Sensex slipped 0.21%. The stock has gained 12% in the past six months and is up 10% year-to-date. Ambuja Cements' market capitalisation currently stands at Rs 1.45 lakh crore.
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