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Hot Pursuit News

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(02 May 2024, 10:58)

Ambuja Cements Q4 PAT climbs 64% YoY to Rs 1,055 cr

The cement major’s consolidated net profit surged 63.61% to Rs 1,055.16 crore in Q4 FY24 as against Rs 644.94 crore recorded in Q4 FY23.


Revenue from operations was at Rs 8,893.99 crore in the March quarter, up 11.65% from Rs 7,965.98 crore posted in the same period last year.

Profit before exceptional items and tax grew by 22.32% year on year to Rs 1,389.57 crore in the quarter ended 31 March 2024. The company reported an exceptional loss of Rs 211.57 crore in Q4 FY24.

Ambuja Cements’ sales volume (cement and clinker) stood at 16.6 million tons during the quarter, up 17.73% YoY from 14.1 million tons reported in the corresponding quarter previous year.

Operating EBITDA jumped 37.12% to Rs 1,699 crore in Q4 FY24 from Rs 1,239 crore reported in Q4 FY23. EBITDA margin improved to 19.1% in Q4 FY24 as compared to 15.6% recorded in the similar quarter previous year.

EBITDA PMT has grown by Rs 149 (17% YoY) and...

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