Cement industry Archives - BW Retail World

Cement industry

Ambuja Cements To Buy Majority Stake In Sanghi Industries

by BW Retail World Bureau
August 4, 2023

Ambuja Cements Ltd (ACL), the cement and building material company of Adani Cement and part of the diversified Adani Group on Thursday announced the acquisition of Sanghi Industries Ltd (SIL) at an enterprise value of Rs 5,000 crore. ACL will acquire 56.74 per cent shares of SIL from its existing promoter group, Ravi Sanghi and […]

Companies News

Adani Group-owned ACC Reports 105% YoY Jump In Net Profit In Q1FY24

by BW Retail World Bureau
July 28, 2023

Adani Group-owned company ACC’s net profits (profit after tax) more than doubled (rose 105 per cent) on a yearly basis during the April-June 2023 quarter at Rs 466 crore. In the same quarter last year, the net profits were Rs 227 crore. The company’s net revenue during the quarter rose 16 per cent to Rs […]