Ambuja Cement shows good volume growth
Some major highlights pointed out by the company regarding growth in earnings before depreciation,interest, taxes and amortisation (EBITDA) and earnings before interest and taxes (EBIT) include:
Q4 2020-21:
• EBITDA increased by 40% with a margin expansion of 410 basis points
• 61 % growth in operating EBIT supported by growth in volumes and reduction in key costs
FY 2020-21:
• EBITDA increased by 23% with margin expansion of 480 basis points supported by growth in premium products , cost reduction and operational efficiency programs
• Operating EBIT higher by 490 basis points
Financial Performance for the quarter ended December 2020
-
Volumes grew by 7% and supported by good price, resulting in 14% growth in net sales.
- Net sales during the quarter stood at Rs 3,468 crore compared to Rs 3,038 crore in the corresponding quarter of the previous year.
- Total operating cost per ton declined by 2% supported by operational efficiency programs in the plants as well as logistics efficiencies.
Ambuja generated Rs 2,606 crore from operations led by improved performance and efficient working capital management.
Standalone audited financial results for the quarter and year ended 31 December 2020
Consolidated Financial Results for the quarter and year ended December 2020
- Margin expansion for the quarter and year up by 400 basis points
- 47% growth in Operating EBIT in Q4 2020; 15% growth in operating EBIT for the full year
Ambuja cement, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. They provide sustainable home building solutions.
Written from a company news release.
Ajmera Realty launches tree drive on Environment Day
Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..
Twaron®-reinforced tyre powers Brunel’s solar race car
Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..
Kamdhenu Paints launches new wood coating range
Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..
Latest Updates
