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VINOD BAHETY
Ambuja Cements to slow capacity additions until utilisation improvesAmbuja Cements plans to add new capacity after reaching optimal utilization. The company aims to reach 119 million tonnes capacity by fisca...- Cement makers expect 7-8% growth in FY27 despite West Asia headwindsIndian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key dri...
- Cement companies expect costs, muted demand to dent growthIndian cement companies are revising growth expectations downwards. Higher fuel, packaging, and logistics costs are impacting profitability...
- Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
- Ambuja Cements shares drop over 2% after Q4 results. What Jefferies and Nomura are sayingAmbuja Cements shares fell despite strong Q4 results, where net profit jumped 78% year-on-year to Rs 1,830 crore and revenue rose 10% to Rs...
- Ambuja Cements Q4 Results: Cons profit surges 78% YoY to Rs 1,830 crore; revenue rises 10%Ambuja Cements Q4 results: Ambuja Cements reported a strong Q4FY26 performance with net profit rising 78% YoY to Rs 1,830 crore and revenue...
- Ambuja Cements Q3: Profit slumps 91% YoY to Rs 204 crore; revenue jumps 20%Ambuja's volume growth was 2X the industry average, with a higher focus on trade sales/premium cement, which delivered better realisations ...
- ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%ACC Q3 Results: ACC's net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of...
- Ambuja Cements aims to lower costs, raise production by 2028Ambuja Cements aims to cut its cost per tonne of cement by over 13% to ₹3,650 by March 2028, while boosting production capacity to 155 mill...
- Ambuja Cements Q2 Results: Cons profit skyrockets 268% YoY to Rs 1,766 crore, revenue rises 25%Ambuja Cements Q2 Results: Adani Group-owned Ambuja Cements on Monday reported a 268% growth in its consolidated Q2 net profit at Rs 1,766 ...
- ACC Q2 net profit soars 5x to Rs 1,119 crore on tax write-back and record salesACC reported a five-fold surge in its second-quarter net profit, driven by a significant tax write-back. The cement manufacturer also saw i...
- GST cut on cement to boost sector, accelerate infrastructure growth: Industry playersWelcoming the development, Akhoury, who is also Managing Director, Shree Cement, said cement is a foundational input material for infrastru...
- Adani's cement business contributes 30 per cent of India's homes & infra: Ambuja CEOAmbuja Cements, an Adani Group firm, aims to reach 140 MTPA capacity by FY28 through brownfield expansions, contributing significantly to I...
- Cement makers forecast a concrete comeback in FY26India's cement industry anticipates a significant rebound in FY26, driven by increased government spending and rural housing demand, after ...
- Adani Cement makes key changes in senior leadershipAdani Cement has announced leadership transitions to support its growth and sustainability plans. Ajay Kapur has been promoted to managing ...
- Ambuja Cements appoints Vinod Bahety as CEO for three years; says Ajay Kapur to continue as MDAmbuja Cements announced the appointment of Vinod Bahety as CEO starting April 1, 2024, alongside his roles as Additional Director and Whol...
- Adani Cement will now focus on organic growth, says CFOAdani Cement Industries plans to focus on organic growth rather than acquisitions to increase capacity and market share. The company target...
- Penna buy to cut logistics costs for Adani Cements: CFO Vinod BahetyAdani Cements uses the sea route for some transportation at Sanghi Industries and Ambuja Cements. "The plan for sea logistics will mature n...
- Asia’s richest man Gautam Adani is searching for new group M&A chiefVinod Bahety, who’s been helming Adani Enterprises Ltd.’s M&A activity, will move to a new business vertical and a formal announcement coul...
- Not many NBFCs may use Sarfaesi Act to recover loanMany NBFCs were unable to dispose of immovable property of defaulter borrowers fast enough even after filing the case under Sarfaesi and re...
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