India: Ambuja Cement’s sales volumes edge up 2% y-o-y in Q1FY’25

Ambuja Cement Limited’s (Adani Cement) sales volumes edged up 2% y-o-y to 9.3 mnt in Q1FY’25 as against 9.1 mnt in Q1FY’24. The company’s revenue from operations dropped 4% on the year to INR 4,516 crore during the quarter from INR 4,730 crore in the CPLY. EBITDA/t declined 34% y-o-y to INR 691/t in Q1FY’25 compared with INR 1,040/t in the CPLY.