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HomeLatest NewsBusinessAmbuja Cements Q4 Profit at Rs 1,525.78 Crore; Revenue at Rs 8,894...

Ambuja Cements Q4 Profit at Rs 1,525.78 Crore; Revenue at Rs 8,894 Crore – Prime Time News24


Ambuja Cements has introduced its This fall earnings.

Ambuja Cements’ consolidated income from operations was at Rs 8,893.99 crore throughout the quarter below assessment; it was Rs 7,965.98 crore within the corresponding interval final fiscal

Adani Group agency Ambuja Cements Ltd on Wednesday reported a consolidated web revenue at Rs 1,525.78 crore for the fourth quarter ended on March 2024. The corporate had reported a web revenue of Rs 763.30 crore within the January-March quarter a yr in the past, in accordance with a regulatory submitting. Its consolidated income from operations was at Rs 8,893.99 crore throughout the quarter below assessment. It was Rs 7,965.98 crore within the corresponding interval final fiscal, the submitting stated.

In accordance with Ambuja Cements Ltd (ACL), the consolidated outcomes for the quarter and the monetary yr ended on Mar 31, 2024, embrace the monetary outcomes of Sanghi, which was acquired by Adani Group agency final quarter. Therefore, the outcomes “should not comparable with quarter and fifteen months ended March 31 2023, it stated.

ACL’s whole bills within the March quarter have been at Rs 7,741.31 crore. Its whole income within the March quarter was at Rs 9,127.45 crore. The consolidated outcomes of Ambuja Cements embrace the monetary efficiency of its step-down agency ACC Ltd, by which it owns round 51 per cent stake.

On a standalone foundation, Ambuja Cements reported a revenue after tax of Rs 532.29 crore within the March quarter. It was Rs 502.40 crore within the year-ago quarter. Its standalone income from operations was at Rs 4,780.32 crore in fourth quarter of FY 2023-24.

Ambuja Cements’ consolidated gross sales quantity, which additionally consists of ACC, was at 16.6 million tonne (MT). Whereas on standalone, Ambuja Cements’s personal gross sales quantity was at 9.5 MT within the March quarter.

Shares of Ambuja Cements on Wednesday have been buying and selling at Rs 619.70 on BSE, down 1.60 per cent from the earlier shut.

(This story has not been edited by Prime Time News24 workers and is revealed from a syndicated information company feed – PTI)

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