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ACC reported a substantial 375.10% rise in consolidated net profit for Q3FY24, reaching ₹537.63 crore
The group aims to expand its capacity to 106 MTPA by FY26 through ongoing and planned capital expenditures.
The cement manufacturer reported in a regulatory filing that its revenue from operations increased by 11.22% to Rs 4,434.73 crore from Rs 3,987.34 crore.
The bonds are likely to be issued in small lots of Rs 5 billion to Rs 10 billion to meet capital expenditure requirements
The facility will do research & development in cement and concrete.
Although Ambuja-ACC standalone volumes grew by 8-10% YoY in Q4FY23, Ambuja consolidated volumes fell 2% YoY after adjusting for inter-company volumes.
This loan was part of the $1 billion loan taken for the acquisition of Holcim India.
We bring you key takeaways from the monthly dealer price checks done by cement analysts at IIFL Securities.
The state-of-the-art facility for manufacturing C-LFP will cost Rs210 crore with an initial capacity of 3GWH/PA.
We being you insights from IIFL Securities' monthly price checks with cement dealers
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.