Ambuja Cements Q1 2024-25: Net profit falls 30.45%, revenue down 4.6%

Jul 31, 2024 01:04 PM IST

Ambuja Cements Ltd has released its first quarter results for the financial year 2024-25 on Wednesday, July 31, 2024.

What was Ambuja Cements’ net profit and revenue?

Ambuja Cements saw its first quarter consolidated net profit fall by 30.45% or by ₹345.83 crore to ₹789.63 crore, compared to ₹1,135.46 crore during the first quarter of 2023-24.

The Adani group’s cement company saw its revenue drop by 4.60% or by ₹401.42 crore to ₹8,311.48 crore, compared to ₹8,712.90 crore in the same quarter of the previous year.

The cement giant’s total income dropped by 3.45% or by ₹309.94 crore to ₹8,666.20 crore, compared to ₹8,976.14 crore in Q1 2023-24.

How much were Ambuja Cements’ expenses?

Ambuja Cements incurred total expenses worth ₹7,566.91 crore. This was an increase of 1.3% or ₹97.17 crore compared to ₹7,469.74 crore in Q1 2023-24.