Ambuja Cement January-March net profit

Ambuja Cement January-March net profit
01/05/2019 , by , in ALLIED

Ambuja Cement Ltd on Tuesday reported 35.18% increase in its consolidated net profit at ₹695.30 crore for the first quarter ended March, 2019 led by volume growth.

The company, which follows January-December fiscal, had posted a consolidated net profit of ₹514.34 crore in the January-March period a year ago, Ambuja Cement said in a regulatory filing.

The company’s total income during the March quarter was at ₹7,093.27 crore, up 8.36 % from ₹6,545.91 crore reported in the corresponding quarter a year ago.

“The quarter ended March 2019 saw a steady growth in top line. On the market side, we have introduced various innovative products to deliver superior experience and to become a preferred partner for our customers,” Ambuja Cement Managing Director and CEO BimlendraJha said.

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