Ambuja Cements reports 52% fall in Q2 consolidated net profit

Ace News

28th Oct 2024

Ambuja Cements has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 22.24% fall in net profit at Rs 500.66 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 643.84 crore for the same quarter in the previous year. However, total income of the company increased by 3.00% at Rs 4478.24 crore for Q2FY25 as compared to Rs 4347.92 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 52.10% fall in its net profit at Rs 472.89 crore for the quarter ended September 30, 2024 as compared to Rs 987.24 crore for the same quarter in the previous year. Total income of the company decreased by 0.12% at Rs 7890.14 crore for Q2FY25 as compared to Rs 7899.99 crore for the corresponding quarter previous year.