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Ambuja Cements reports 35% rise in Q1 consolidated net profit

Ambuja Cements has reported results for the First quarter ended March 31, 2019.

The company has reported a rise of 57.11% in its net profit at Rs 426.98 crore for the quarter ended March 31, 2019 as compared to Rs 271.77 crore for the same quarter in the previous year. Total income of the company increased by 8.74% at Rs 3,167.82 crore for quarter under review as compared to Rs 2,913.30 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported rise of 35.18% in its net profit at Rs 695.30 crore for the quarter ended March 31, 2019 as compared to Rs 514.34 crore for the corresponding quarter. Total consolidated income of the company rose 8.36% at Rs 7,093.27 crore for quarter under review as compared to Rs 6,545.91 crore for the same quarter ended previous year.

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