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.

Infrastructure Urban

14 Oct 2025

DRI Introduces Advanced Fresh Air Solutions for Large Buildings

DRI has unveiled its latest solutions for indoor air quality (IAQ) and energy-efficient ventilation in large enclosed buildings: the Treated Fresh Air Handling Units (TFA) and Dedicated Outdoor Air Systems (DOAS). The TFA units integrate EcoFresh Molecular Sieve Coated Heat Wheels to deliver optimal IAQ while promoting energy savings. The modular design allows additional functions such as cooling, heating, humidification, high-efficiency filtration, mixing, and sound attenuation. Maintenance is minimal, with standard filters and fan assemblies designed for reliability and ease of service. TFA..

Dia Mirza-backed Without® Launches FOAK Recycling Plant in Pune

Without®, an impact-first deep-tech material science enterprise, has inaugurated its first-of-a-kind (FOAK) recycling demonstration plant in Pune. The 1,030 sq. m facility can process up to 5 tons per month of “unrecyclable” plastic waste, offering end-to-end operations from material intake and separation to chemical transformation, purification, product manufacturing, and quality testing. The demonstration plant serves as a precursor to a commercial facility planned for next year. The launch follows the successful closure of a $1.9 million (approx. Rs 16.8 crore) seed funding round led ..

Capital India Home Loans Rebrands as People Home Finance

"Capital India Home Loans, a wholly owned subsidiary of Weaver Services, has announced its rebranding to People Home Finance Limited, underscoring its vision to build an inclusive, technology-led housing finance company serving India’s vast informal and self-employed segment. The rebranding follows the company’s $170 million investment round announced on 19 August 2025, led by Lightspeed, Premji Invest, and Gaja Capital. The new identity marks the next phase of expansion across Tier 2 and Tier 3 cities, with continued investments in branch infrastructure, people, proprietary technology, a..