The corporate had posted a internet revenue of Rs 36.71 crore a yr in the past, based on a regulatory submitting by Orient Cement Ltd (OCL), a subsidiary of Ambuja Cements.
Its income from operations surged 24.44 per cent to Rs 866.47 crore within the June quarter. It was Rs 696.26 crore within the year-ago interval.
OCL’s whole bills grew 12.4 per cent to Rs 724.28 crore within the June quarter.
Its whole earnings, which incorporates different earnings, climbed 23.7 per cent within the June quarter to Rs 868.64 crore.
After an open provide, the full shareholding of Adani Group elevated to 72.66 per cent within the firm.”Pursuant to the mentioned acquisition, the corporate has turn out to be a subsidiary of Ambuja Cements Restricted with impact from June 18, 2025,” it mentioned.On October 22, 2024, Adani Group agency Ambuja Cements entered right into a share buy settlement with the promoter group and sure different shareholders to accumulate 46.80 per cent of the shareholding of the corporate.
Shares of Orient Cement Ltd on Friday settled at Rs 252.90 apiece on BSE, down 1.50 per cent from the earlier shut.
