Ambuja Cements posts robust 38% growth in PAT
Amir Shaikh / 28 Apr 2017
Ambuja Cements registered an impressive bottomline growth of 38 per cent YoY to Rs. 397 crore during Q1FY17.
Ambuja Cements Ltd., reported its Q1FY17 today. The company follows January to December as its financial year.
Ambuja Cements' sales for the quarter remained flat at Rs 5713 crore as against the Rs. 5736 crore in corresponding quarter of last year.
Due to poor operational efficiency during the quarter, the company witnessed 37.2 per cent YoY decline in EBITDA to Rs 809 crore.
The company's EBITDA margin for the quarter stood at 14.2 per cent, a drop of 830 bps YoY.
The company registered an impressive bottomline growth of 38 per cent YoY to Rs. 397 crore.
In today’s trading session, the stock of Ambuja Cements opened at Rs 249.95, where it was closed on previous trading session. At the end of the session, it touched day's low of Rs 244.3 and closed at Rs 245.95.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.