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Business

Updated on: Tuesday, May 28, 2019, 11:42 PM IST

Ambuja Cement Q1 net profit up 35.2 pc

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New Delhi: Ambuja Cement Ltd reported 35.18 pc increase in its consolidated net profit at Rs 695.30 cr for the first quarter ended March, 2019 led by volume growth. The company, which follows January-December fiscal, had posted a consolidated net profit of Rs 514.34 r in the January-March period a year ago, Ambuja Cement said in a regulatory filing.

The company’s total income during the March quarter was at Rs 7,093.27 cr, up 8.36 pc from Rs 6,545.91 cr reported in the corresponding quarter a year ago.

“The quarter ended March 2019 saw a steady growth in top line. On the market side, we have introduced various innovative products to deliver superior experience and to become a preferred partner for our customers,” Ambuja Cement MD and CEO Bimlendra Jha said.

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Published on: Wednesday, May 01, 2019, 02:48 AM IST
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