Ambuja Cements reports 26% rise in Q2 net profit

Ambuja Cements has reported results for second quarter ended June 30, 2014.

The company’s net profit for the quarter rose by 26.06% at Rs 408.70 crore as compared to Rs 324.20 crore for the quarter ended June 30, 2013. Its total income has increased by 16.61% to Rs 2858.14 crore for the quarter under review from Rs 2450.91 crore for the corresponding quarter of the previous year.

Ambuja Cement is a part of a global conglomerate Holcim and its current cement capacity is 27.25 million tonnes. The company has five integrated cement manufacturing plants and eight cement grinding units across the country.