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Ambuja Cements reports 31% rise in Q1 consolidated net profit

02 Aug 2023 Evaluate

Ambuja Cements has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 38.51% fall in its net profit at Rs 644.88 crore for the quarter under review as compared to Rs 1048.78 crore for the same quarter in the previous year. However, total income of the company increased by 6.26% at Rs 4919.18 crore for Q1FY24 as compared Rs 4629.19 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 31.20% rise in net profit at Rs 1135.46 crore for the first quarter ended June 30, 2023 as compared to Rs 865.44 crore for the same quarter in the previous year. Total income of the company increased by 9.87% at Rs 8976.14 crore for Q1FY24 as compared Rs 8169.58 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 11100.00
Ambuja Cements 384.75
ACC 1236.65
Shree Cement 22342.90
Dalmia Bharat 1698.10
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