Ahmedabad : Ambuja Cement announced sustainable financial results for Q3 ended December 31, 2024, and nine months (9M) of FY’25. It has reported volume growth of 17% YoY, at 16.5 MnT and highest ever cement sales Volume in a quarter. EBITDA PMT at Rs 1,038, EBITDA margin at 18.4%. The company has commissioned 200 MW Solar Power at Khavda, will lead to reduction in power cost in upcoming quarters.
The significant boost in efficiencies, enhanced market presence and cost leadership aligned with Group synergies have been the growth drivers for the cement business. Efficiency investments & digitisation initiatives have started to yield results. The Company remains committed to maintain its cost and market leadership in coming quarters.
Mr. Ajay Kapur, Whole Time Director & CEO of Ambuja Cements Limited, stated “We are pleased to report a quarter of sustainable performance, aligned with our growth plan. With focus on innovation, digitisation, customer satisfaction, and ESG, our vision drives our expansion into new geographies. Our strategic acquisitions have significantly increased our capacity and market presence. This will be dove-tailed with our ongoing expansion projects, delivering exceptional value for our stakeholders and propelling us towards achieving over 104 MTPA capacity by Q4 FY’25 and 118 MTPA by FY 26.