Adani Group’s cement company Ambuja Cements has released its December quarter (Q3FY24) results. On an annual basis, the company’s profit has increased by an impressive 39.21%.
The company’s profit in this December quarter was Rs 513.68 crore, whereas in the December quarter last year the profit was Rs 368.99 crore.
Increase in income also
In the third quarter, the income of Ambuja Cements has seen an increase of 7.5% on an annual basis. While last year the company’s income was Rs 4,128.5 crore, this year the company’s income increased to Rs 4,439.5 crore.
Ambuja Cements Q3FY24 Results (Standalone, YoY)
- Income increased from Rs 4,128.5 crore to Rs 4,439.5 crore, an increase of 7.53%.
- Profit increased from Rs 368.99 crore to Rs 513.68 crore, an increase of 39.21%.
- EBITDA increased from Rs 639.28 crore to Rs 851.04 crore, increase of 33.12%.
- Margin increased from 15.48% to 19.16%
The company gave this information through exchange filing.
