Ambuja Cements Q4 net profit surges 37%
Ambuja Cements announced strong March quarter earnings. Net profit surged over 37 percent year-on-year. This growth was significantly boosted by a substantial tax credit. Sales volume reached an all-time high, alongside record revenue. The company...
By ET Bureau |
Agencies
"Cost pressures from fuel, diesel, packaging bag supply constraints, and rupee depreciation impacted this quarter and impact expected to continue in H1 FY'27," the company said.
Mumbai: Ambuja Cements announced its earnings for the March quarter on Monday, and its consolidated net profit rose over 37% on year to ₹1,857.4 crore, largely on account of a tax credit of ₹1,329.3 crore.
Sales volume for the quarter rose 10% on year to an all-time high of ₹19.9 million tonne, while revenue rose 9% on year to an all-time high of ₹10,915 crore.
"Cost pressures from fuel, diesel, packaging bag supply constraints, and rupee depreciation impacted this quarter and impact expected to continue in H1 FY'27," the company said.
Sales volume for the quarter rose 10% on year to an all-time high of ₹19.9 million tonne, while revenue rose 9% on year to an all-time high of ₹10,915 crore.
"Cost pressures from fuel, diesel, packaging bag supply constraints, and rupee depreciation impacted this quarter and impact expected to continue in H1 FY'27," the company said.
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Ambuja Cements Q4 Results: Cons profit surges 78% YoY to Rs 1,830 crore; revenue rises 10%ADVERTISEMENT
