Ambuja Cements Ltd posts 89% leap in 4Q17 profits

Ambuja Cements Ltd posts 89% leap in 4Q17 profits
21 February 2018


Ambuja Cements Ltd (LafargeHolcim Group) has reported an 89 per cent jump in quarterly profit, helped by higher cement sales volume.

Stand-alone profit rose to INR3.38bn (US$52.2m) in the fourth quarter ended 31 December 2017, from INR1.79bn a year earlier.

Cement sales volume rose to 5.87Mt in the quarter, from 5Mt in the 4Q16. Net quarterly sales advanced 19 per cent YoY to INR26.12bn.
 

Published under Cement News

Tagged Under: Ambuja Cements 4Q17 Results India