According to the regulatory filing by Orient Cement Limited (OCL), a subsidiary of Ambija Cement, the company paid Rs. Posted a net profit of Rs 36.71 crore.
Its revenue from operations increased by 24.44 percent to 866.47 crore in the June quarter. It was Rs 696.26 crore in the year ago.
The total cost of OCL increased 12.4 percent to 724.28 crore in the June quarter.
Its total revenue, which includes other income, increased by 23.7 percent in the June quarter to Rs. 868.64 crore.
After the open -offer fur, the total shareholding of the Adani group in the company has increased to 72.66 percent.
“Regarding the acquisition, the company has become a subsidiary of Ambuja Cements Limited since June 18, 2025.”
On October 22, 2024, Adani Group firm Ambuja Cements agreed with the promoter group and some other shareholders to achieve 46.80 percent of the company’s shareholding.
Shares of Orient Cement Limited settled on BSE on Friday at Rs 252.90, down 1.50 percent in the previous nearby.
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