Economy & Market
Ambuja Cements profit rises 77%
Net profit of Ambuja Cements rose by 77 per cent to Rs 304 crore in the September 2012 quarter on a Y-o-Y basis because of higher price realisations.
However, on a sequential basis, the net profit of the company declined by 35 per cent. During the quarter, the company's sales grew 20 per cent to Rs 2,168 crore. Cement output and sales in the quarter were up 1.3 per cent each at 4.71 mnt and 4.70 mnt, respectively.
Contact: Ambuja Cements.
Tel: 022-6659 7300.