Cement capex delayed due to execution challenges; focus on completing ongoing projects: Karan Adani
Published on: May 17, 2026, 3:16 p.m. | Source: Daily Excelsior
NEW DELHI, May 17: Ambuja Cements has acknowledged a delay in the execution of expansion projects and said it is keeping its capital expenditure (capex) in FY27 “moderate” in the range of Rs 6,000-6,500 crore as against Rs 7,500 crore last year as it focuses on completion rather than taking on new ones. Ambuja Cement Director Karan Adani, while replying to a query in a post-earnings investor call, admitted that execution in the cement business has fallen short of the […]
