Ambuja Cements Q4 profit jumps to Rs338 crore

India’s Ambuja Cements Ltd reported an 89% jump in quarterly profit, helped by higher cement sales volume. Standalone profit rose to Rs. 338 crore ($52.2 million) in the fourth quarter ended 31 December, from Rs. 179 crore a year earlier. Standalone cement sales volume rose to 5.87 million ton

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Published - Wednesday, 21 Feb, 2018

Ambuja Cements Q4 profit jumps to Rs338 crore

India’s Ambuja Cements Ltd reported an 89% jump in quarterly profit, helped by higher cement sales volume. Standalone profit rose to Rs. 338 crore ($52.2 million) in the fourth quarter ended 31 December, from Rs. 179 crore a year earlier. Standalone cement sales volume rose to 5.87 million tonnes in the quarter, from 5 million tonnes in the same period last year.Net quarterly sales rose 19% to Rs. 2,612 crore.