Ambuja Cements Reports 9% YoY Volume Growth In Q2FY25

Driven by healthy volume growth, increasing scale of operations and value extraction of acquired assets, Ambuja Cements reported a 9 per cent year-on-year (YoY) volume growth at 14.2 million tonne in the second quarter of the current financial year (Q2FY25). It was the highest in terms of volume in Q2 series in the past five years.

As per the consolidated financial results of the company, it witnessed the highest quarterly revenue of Rs 7,516 crore, marking a 1 per cent YoY increase. The net worth of the company has increased by Rs 450 crore during the quarter to Rs 59, 916 crore.

The operating earnings before interest, tax, depreciation and amortisation (EBITDA) of the company stood at Rs 1,111 crore and the EBITDA margin was at 14.8 per cent. For Ambuja (consolidated), business level working capital stands at 33 days reflecting agility in unblocking the funds in inventory and receivables.

“We are glad to deliver another sustained performance aligned to our growth blueprint and setting new benchmarks in efficiency. We continue to focus on innovation, digitisation, customer satisfaction and ESG as the core elements of our business. Post successful completion of the orient cement transaction, we are well poised to achieve over 100 MTPA capacity by this fiscal year end,’ stated Ajay Kapur, Whole Time Director and Chief Executive Officer (CEO), Ambuja Cements.

As far as the performance during the first half of the year is concerned (H1 FY25), the company saw its consolidated sales volumes rise to 30.1 million tonne, from 28.1 million tonne in H1FY24. The revenue from operations stood at Rs 15,828 crore during H1FY25, a dip from Rs 16,137 crore in H1FY24. The profit after tax (net profit) was Rs 1,256 crore during the half-year ended 30 September 2024, as compared with Rs 2,123 crore during H1FY24. The EBITDA margin for the company was 15.1 per cent during H1FY25, as compared to 18.4 per cent during the same period last year.