Mumbai:
Adaani Group’s cement company Ambuja Cements (Ambuja Cements) has released the results of the spectacular December quarter. On an annual basis, the company has increased by a great 157% in profits.
In the December quarter, the company’s profit has increased from Rs 824 crore to Rs 2,115 crore.
Increase in income too
In the third quarter, the income of Ambuja Cements has seen an increase of 4.5% on an annual basis. While the company’s income was Rs 8,052 crore last year, this year the company’s income increased to Rs 8,415 crore.
Ambuja Cement Q3 Results (Conso, Yoy)
- Profit increased from Rs 824 crore to Rs 2,115 crore
- Income increased by 4.5%, increased from Rs 8,052 crore to Rs 8,415 crore
- Margin reduced from 20.6% to 9.5%
- Ebitda decreased 51.8%, reduced from Rs 1,656 crore to Rs 799 crore
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