Ambuja Cement reports 11% fall in second-quarter results
Ambuja Cement has reported a fall of 11% in its second quarter CY11 net profit. During the period, net profit of the company went down to INR348 crore against INR391 crore in the corresponding quarter last fiscal.
However, net sales increased 6% to INR2173 crore from INR2048 crore year-on-year.
EBITDA margin too declined to 27.5% versus 31.4% year-on-year.
Published under Cement News
