Jul 31, 2024 01:24 PM IST

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

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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.

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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.

What was the segment-wise results of Ambuja Cements?

Revenue from cements dropped by 4.53% to ₹8,008.85 crore, which is a ₹380.57 crore drop from ₹8,389.42 crore recorded in the same quarter of the previous year.

Profit from cements fell by 38.76% to ₹807.76 crore, which is a drop of ₹511.36 crore, compared to ₹1,319.12 crore in the same quarter of the previous year.

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Revenue from ready concrete mix fell by 9.33% or by ₹33.86 crore to ₹328.83 crore, compared to ₹362.69 crore in Q1 2023-24.

Profit from ready concrete mix on the other hand, went up around 6 times or 578.37% to ₹22.59 crore, compared to just ₹3.33 in Q1 2023-24. This was an increase of ₹19.26 crore.

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.

How did Ambuja Cements shares perform?

Ambuja Cements shares traded at ₹680.50 on the Bombay Stock Exchange (BSE), a gain of 0.90% or 6.05 points as at 1:20 pm IST on Wednesday, July 31, 2024.