Ambuja Cement grows 9-month profit in 2020

Ambuja Cement’s profit in the first nine months of 2020 was $176 million, up by 21 per cent year-on-year from $146 million in the first nine months of 2019. It revenues dropped by 7.8 per cent to $1.07 billion from $1.16 billion, primarily due to the impacts of the Coronavirus outbreak. It said that this was likely to continue to affect results into the fourth quarter of 2020.

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