Ambuja Cements’ Net Profit Rises

Ambuja Cements’ Net Profit Rises
28/04/2020 , by , in ALLIED

Ambuja Cements Ltd on Monday reported a 6.80 per cent rise in its consolidated net profit to Rs 742.59 crore for the first quarter ended March 31. The company, which follows the January-December financial year, had clocked a net profit of Rs 695.30 crore in the corresponding period a year ago, Ambuja Cements said in a BSE filing.

Its revenue from operations was down 8.50 per cent to Rs 6,249.66 crore during the March 2020 quarter, compared with Rs 6,830.70 crore in the corresponding quarter of the previous financial year, impacted by de-growth in volumes due to the nationwide lockdown.

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