Ambuja Cement Reports Rs 10.8955 Bn Q3 FY24 Net Profit

01 Feb 2024 CW Team

Ambuja Cement, a key player in the cement industry, has disclosed a robust financial performance for the third quarter of the fiscal year 2023-24. The company recorded a commendable net profit of Rs 10.8955 billion during this period, showcasing its resilience and effectiveness in navigating market dynamics.

The positive financial results can be attributed to efficient cost management practices and favorable market conditions. Ambuja Cement's commitment to operational excellence and prudent financial decisions has contributed to its sustained growth and profitability in the competitive cement sector.

The Q3 FY24 net profit announcement highlights the company's ability to capitalize on market opportunities and meet the demands of the construction and infrastructure sectors. Ambuja Cement continues to play a vital role in supporting the nation's development by providing essential construction materials.

As the construction industry remains a key driver of economic growth, Ambuja Cement's robust financial performance signifies its contribution to the overall economic landscape. The company's strategic approach and financial strength position it favourably in the market, reinforcing its status as a reliable and impactful player in the cement industry.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..