Ambuja Cements reports 23.38% fall in Q1 net profit

20 Apr 2012

Ambuja Cements has reported results for first quarter ended March 31, 2012.

The company has posted a fall of 23.38% in its net profit at Rs 312.22 crore for the quarter ended March 31, 2012 as compared to Rs 407.48 crore for the same quarter in the previous year. However, total income has increased by 19.73% at Rs 2660.93 crore for quarter under review as compared to Rs 2222.47 crore for the quarter ended March 31, 2011.

Ambuja Cements was set up in 1986. In the last decade the company has grown tenfold. The total cement capacity of the company is 18.5 million tones. Its plants are some of the most efficient in the world. With environment protection measures that are on par with the finest in the developed world.

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