Quarterly Results : Ambuja Cements posted stellar performance

Bhagyashree Vivarekar / 21 Feb 2017

Quarterly Results : Ambuja Cements posted stellar performance

In terms of the bottom-line, the company reported a PAT of Rs. 310.6 crore which represents a sequential QoQ increase of 19.83 per cent and a YoY increase of 179.82 per cent.

Ambuja Cements reports its consolidated results for the quarter ended December 31, 2016 on Monday.

The company’s sales for this quarter, Q4FY16 came in at Rs. 4936 crore. This represents a 8.89 per cent sequential increase and 107.05 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 262.7 crore and the EBIT margin stood at 5.32 per cent.

In terms of the bottom-line, the company reported a PAT of Rs. 310.6 crore which represents a sequential QoQ increase of 19.83 per cent and a YoY increase of 179.82 per cent.

Ambuja Cement India Ltd is an Indian cement company formerly known as Gujarat Ambuja Cement. The company has only one operating segment, 'cement'. Ambuja Cements, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. Ambuja Cement has provided hassle-free, home-building solutions with its unique sustainable development projects and environment-friendly practices since it started operations. Currently, Ambuja Cement has a capacity of 29.65 million tonnes of cement manufacturing with five integrated cement manufacturing plants and eight cement grinding units across the country.