Ambuja Cements net profit jumps 34% at Rs 968 cr for Q2FY20
New Delhi: Ambuja Cements consolidated net profit jumped 34 percent at Rs 968 crore for fourth quarter of the previous fiscal as compared to Rs 722 crore in the same quarter of the previous fiscal.
The company follows January-December fiscal.
The revenue from operations of the company increased 4.5 percent to Rs 7,452 crore fourth quarter of the previous fiscal as compared to Rs 7,126 crore in the same quarter of the previous fiscal., the company said in regulatory filing.
The total expenses of the company increased marginally at Rs 6,434 crore from Rs 6,372 crore in fourth quarter of 2019. The consolidated financial results of Ambuja Cements include the transactions of step-down company ACC Ltd.
On standalone basis, Ambuja Cements’s net profit jumped about 9.2 percent at Rs 497 crore as against Rs 454 crore in the same quarter of the previous fiscal.