Ambuja Cements net profit fall 56% to Rs 592 cr in Q1FY21

New Delhi: Ambuja Cements consolidated net profit fell 56 percent to Rs 592 crore in the first quarter of the current fiscal as compared to Rs 1,335 crore in the corresponding quarter of the previous fiscal. 

It net income fell 34 percent to Rs 4,755 crore in the first quarter of the current fiscal as compared to Rs 1,335 crore in the corresponding quarter of the previous fiscal.

The first quarter results were majorly impacted due to the lockdown.    

The company had a EBITDA margin of 28 percent in the first quarter of the current fiscal, the company said in a regulatory filing.

 

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