Adani Group Cement company Ambuja Cements released the results of the December quarter on Wednesday. Ambuja Cement reported in an exchange filing that the company’s consolidated net profit increased by 157 percent to Rs 2115 crore in the third quarter of FY 2024-25. Let us tell you that in the third quarter of the last financial year, the company’s consolidated net profit was Rs 824 crore. Apart from this, the company’s operational revenue also rose 4.5 percent to Rs 8415 crore in the third quarter, which was Rs 8052 crore in the same quarter of the previous year.
The highest sales so far in December quarter
Ambuja Cement said in its financial report that the company has sold 16.5 million tonnes of cement in the December quarter, which is 17 percent more on an annual basis. The company said that this is the biggest sales so far in a quarter. In the information given to the stock market, the company said that his PAT (Profit after tax) increased by about 350 percent to Rs 1758 crore in the third quarter of the current financial year, which was Rs 500 crore in the second quarter of this financial year. During this period, the company’s net worth also increased by Rs 2619 crore and it increased to Rs 62,535 crore.
Ambuja Cement shares decline on Wednesday on Wednesday
However, on Wednesday, there has been a major decline in the shares of Ambuja Cements. Today, the company’s shares fell by Rs 20.50 (3.78%) on BSE at a price of Rs 522.20. The company’s shares, which closed at a level of Rs 542.70 on Tuesday, opened at a price of Rs 544.00 today. However, during the trading, there was a lot of ups and downs in the shares of Ambuja Cements. Today, the company’s shares traveled from Intrade High to Rs 518.00 of Rs 518.00.
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