Ambuja Cements has reported a net profit of Rs 488 crore for the December 2022 quarter.
Ambuja Cements, a cement and cement products manufacturer, has recently released its December quarter financial results. Ambuja Cements has reported a net profit of Rs 488 crore for the December 2022 quarter. This is 13 percent higher than the December 2021 quarter. Ambuja Cements earned a net profit of Rs 431 crore in the quarter.
Ambuja Cements reported an operating income of Rs 8,036 crore in the December 2022 quarter. This is 4 percent higher than the December 2021 quarter. Ambuja Cements earned an operating income of Rs 7,710 crore during the quarter. Ambuja Cements’ cash and cash equivalents stood at Rs 9,454 crore as of December quarter-end.
Ambuja Cements said the company is debt free. Ambuja Cements was trading at Rs 385.55, down 1.65 per cent from the previous trading day at the close of trading on the Mumbai Stock Exchange on Monday.