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Orient Cement Ltd to explore setting up of Cement Grinding Unit at Tiroda, Maharashtra

#OrientCement #CementGrindingUnit #Tiroda
#1QWithCNBCTV18 | #OrientCement reports #Q1 earnings

- Net profit flat at ₹37 cr (YoY)

- Revenue up 17.6% At ₹825.2 Cr Vs ₹713.9 Cr (YoY)

- EBITDA down 2.8% at ₹99.2 cr vs ₹102.1 cr (YoY)

- EBITDA margin at 12% vs 14.3% (YoY) https://t.co/L3aP7KaPLG
#AmbujaCements to acquire #OrientCement

Ambuja Cement to

-Acquire 37.9% From Promoters At ₹395.40/Sh

-Launch Open Offer To Acquire 26% Of Orient Cement

Acquisition Of Orient Cement Will Be Done In Cash, Deal To Be Completed In 3-4 Months