Ambuja Cement added 275 million tonne in limestone reserves during Apr-Jun quarter
Ambuja Cements reported significant growth in the April-June quarter, adding 275 million tonnes in limestone reserves. The company highlighted achievements in cost leadership, efficiency, and growth, supported by innovations and a focus on ESG. CEO Ajay Kapur announced the anticipated expansion of cement capacity to 140 MTPA by FY'28. Ambuja's net worth rose to Rs 59,465 crore, remaining debt-free. With green power initiatives and major expansions underway, the company is set for further growth, including the acquisition of Penna Cement Industries.