Gujarat Ambuja cements announces 4Q results

Gujarat Ambuja cements announces 4Q results
Published: 01 August 2005

Gujarat Ambuja Cements Ltd., has announced the following results for the quarter and year ended June 30, 2005:  The unaudited results for the quarter ended June 30, 2005 are as follows:  The company has posted a net profit of Rs. 1,451.70 million for the quarter ended June 30, 2005 whereas the same was Rs. 1,172.00 million for the quarter ended June 30, 2004. Total income (net of excise) is Rs. 7,335.80 million for the quarter ended June 30, 2005 whereas the same was at Rs. 5,877.50 million in June 30, 2004. 

The unaudited consolidated results for the quarter ended June 30, 2005 are as follows:  The group has posted a net profit of Rs. 1,711.80 million for the quarter ended June 30, 2005 whereas the same was Rs. 1,252.10 million for the quarter ended June 30, 2004. Total income (net of excise) is Rs. 7,637.50 million for the quarter ended June 30, 2005 whereas the same was at Rs. 7,431.60 million in June 30, 2004. 

Figures for the current quarter/year include figures for the erstwhile Ambuja Cement Rajasthan Ltd., which merged with the company w.e.f. June 1, 2004. The figures for the current quarter do not include figures for the Ambuja Cement India Ltd. (ACIL), and its subsidiaries Ambuja Cement Eastern Ltd., and Kakinada Cements Ltd., which have ceased to be subsidiaries of the company with effect from April 7, 2005. Subsequently, ACIL has become an associate of the company and the share of profit of associate has been recognised. Accordingly, figures for the current quarter/year are not comparable with those of the corresponding quarter/year of the previous year.