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Ambuja Cements reports over 2-fold jump in Q3 consolidated net profit

31 Jan 2024 Evaluate

Ambuja Cements has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 39.21% rise in net profit at Rs 513.68 crore for the third quarter ended December 31, 2023 as compared to Rs 368.99 crore for the same quarter in the previous year. Total income of the company increased by 8.17% at Rs 4,547.73 crore for Q3FY24 as compared Rs 4,204.37 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported over 2-fold jump in its net profit at Rs 1,089.55 crore for Q3FY24 as compared to Rs 487.88 crore for the same quarter in the previous year. Total income of the company increased by 3.73% at Rs 8,322.45 crore for Q3FY24 as compared Rs 8,023.32 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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