Ambuja Cements Q3 Results

Ambuja Cements Posts Poor Q3 Results Down 35 % on Net Profit

Ambuja Cement, which Swiss building material major Holcim has a majority stake posted its Q3 results.

Ambuja Cement's Net profit comes at Rs.154 crore, against Rs.226 crore over the same period last year, a decline of 35.6 %.
Ambuja Cement's Sales volume comes at 4.82 million tonnes, against 4.67 million tonnes over the same period last year, a growth of 3.2 % per cent.
Ambuja Cement's Net sales comes at Rs.2,095 crore, against Rs.2,189 crore over the same period last year, a decline of 4.3 %.
Ambuja Cement's cement production comes at 4.82 million tonnes, against 4.67 million tonnes over the same period last year, a growth of 3 %.
Ambuja Cement's standalone income comes at Rs.2,110.87 crore, against Rs.2,202.06 crore over the same period last year, a decline of 4 %.
Ambuja Cement's total expenses comes at Rs.1,956 crore, against Rs.1,938.80 crore over the same period last year, a marginal increase.

Ambuja Cements follows the January-December accounting year.

Adapted from newspaper reports by Stewart D'Rozario