Ambuja Cements Limited Company Profile
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Ambuja Cements (ACL) was set up in 1986 as Gujarat Ambuja Cements. Its principal activity is to manufacture and market cement and clinker for both domestic and export markets. It was the first company to introduce the concept of bulk cement movement by sea in India. The total cement capacity of the company is 18.5 million tons.
Today, Ambuja is the third largest cement company in India, with an annual plant capacity of 16 million tons including Ambuja Cement Eastern and revenue in excess of Rs 32,980 million.
ACL has shown innovation in utilizing measures like sea transport, captive power plants, and imported coal and availing of government sops and subsidies to constantly check the costs. It also has a strategic partnership with Holcim, which is the second largest cement manufacturer in the world.
Financials
The company disclosed fall of 11.84% in standalone net profit on y-o-y basis to Rs 4.07 billion, while total income increased 12.05% y-o-y basis to Rs 22.59 billion for the quarter ended March 2011.
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AMBUJACEM Intraday Realtime Chart
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