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Orient Cement's profit rises multi-fold to ₹205 crore in Q1 FY26

Orient Cement's profit rises multi-fold to ₹205 crore in Q1 FY26

Time of India26-07-2025
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Orient Cement Ltd, now part of billionaire Gautam Adani-led Adani Group , on Friday reported a multi-fold jump in its net profit to ₹205.37 crore for the first quarter ended June 2025.The company had posted a net profit of ₹36.71 crore a year ago, according to a regulatory filing by Orient Cement Ltd (OCL), a subsidiary of Ambuja Cements Its revenue from operations surged 24.44 per cent to ₹866.47 crore in the June quarter. It was ₹696.26 crore in the year-ago period.OCL's total expenses grew 12.4 per cent to ₹724.28 crore in the June quarter.Its total income, which includes other income, climbed 23.7 per cent in the June quarter to ₹868.64 crore.After an open offer, the total shareholding of Adani Group increased to 72.66 per cent in the company."Pursuant to the said acquisition, the company has become a subsidiary of Ambuja Cements Limited with effect from June 18, 2025," it said.On October 22, 2024, Adani Group firm Ambuja Cements entered into a share purchase agreement with the promoter group and certain other shareholders to acquire 46.80 per cent of the shareholding of the company.Shares of Orient Cement Ltd on Friday settled at ₹252.90 apiece on BSE, down 1.50 per cent from the previous close.
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