Ambuja Cements net profit at Rs 1,525.78 cr
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Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit at Rs 1,525.78 crore for the fourth quarter ended on March 2024. The company had reported a net profit of Rs 763.30 crore in the January-March quarter a year ago, according to a regulatory filing.
Its consolidated revenue from operations was at Rs 8,893.99 crore during the quarter under review. It was Rs 7,965.98 crore in the corresponding period last fiscal, the filing said. According to Ambuja Cements Ltd (ACL), the consolidated results for the quarter and the financial year ended on Mar 31, 2024, include the financial results of Sanghi, which was acquired by Adani Group firm last quarter.
Hence, the results "are not comparable with quarter and fifteen months ended March 31 2023,” it said. ACL's total expenses in the March quarter were at Rs 7,741.31 crore. Its total revenue in the March quarter was at Rs 9,127.45 crore.
