Ambuja Cements Q4 Profit Rs 15.25 Bn

03 May 2024 CW Team

Ambuja Cements has announced a robust performance for the fourth quarter, with a profit of Rs 1525.78 crore and revenue of Rs 88.94 billion. This impressive financial result reflects the company's resilience and strategic initiatives amidst challenging market conditions.

The fourth-quarter profit indicates a significant growth trajectory for Ambuja Cements, driven by efficient operational management and prudent cost control measures. Despite the disruptions caused by the COVID-19 pandemic, the company has managed to maintain its momentum and deliver strong financial performance.

Ambuja Cements' revenue for the quarter underscores its ability to capitalise on market opportunities and meet the demand for quality cement products. The revenue figure reaffirms the company's position as a key player in India's cement industry and highlights its focus on sustainable growth and value creation for stakeholders.

The positive financial outcome for the fourth quarter is a testament to Ambuja Cements' commitment to operational excellence and customer satisfaction. The company's continued investment in technology, innovation, and sustainability initiatives has enabled it to navigate through market challenges and emerge stronger.

Looking ahead, Ambuja Cements remains optimistic about its growth prospects and is well-positioned to capitalise on the recovery in the construction sector. The company's strategic investments and proactive approach to business expansion are expected to drive long-term value creation for shareholders and contribute to India's infrastructure development.

Infrastructure Transport

01 Sep 2025

Rs 2.82 Billion Approved for NH-48 Flyovers, Footbridges

Gurugram’s section of National Highway 48 is set for a significant infrastructure upgrade, with the Central Government approving Rs 2.82 billion for the construction of four flyovers and nine foot overbridges along the Gurgaon–Kotputli–Jaipur corridor. This initiative aims to ease congestion, improve commuter safety, and boost regional connectivity, according to officials.The planned flyovers will be built at Panchgaon Chowk, Rathiwas, near the Hero Company, and Sahlawas. The nine foot overbridges will be constructed at Shikhopur, Manesar, Binola, Rathiwas, Malpura, Jaisinghpurkhera, Sid..

VSL Wins Rs 810-Cr O&M Deal for 810 MWp NGEL Solar Assets

VSL Renewable Services has secured a Rs 810 crore operation and maintenance (O&M) contract for 810 MWp of NTPC Green Energy’s (NGEL) solar power projects spread across Andhra Pradesh, Madhya Pradesh, and Rajasthan. The contract duration is 36 months.The tender, issued in January 2025, was divided into two lots: Lot 1 for 1,054 MWp and Lot 2 for 810 MWp. VSL emerged as the lowest bidder in both categories, but was awarded only Lot 2 in accordance with NTPC’s tender guidelines.Advanced Monitoring and Tailored StrategiesThe O&M scope will employ artificial intelligence and Internet of..

AP Issues Bid for Rs 34.9 Billion Battery Storage Project

The Transmission Corporation of Andhra Pradesh (APTRANSCO) has invited bids for the development of 1,000 MW/2,000 MWh battery energy storage systems (BESS) across seven substations in the state. The project, with an estimated viability gap funding of up to Rs 34.9 billion, will be executed under a build, own, and operate (BOO) model through tariff-based competitive bidding.Bid Timeline and StructureBids must be submitted by 29 September 2025 and will be opened on 6 October. The VGF support per project is capped at Rs 1.8 million per MWh and will be released in three instalments—20 per cent u..