Ambuja Cements (NSE: AMBUJACEM) reported its Third-quarter results for the quarter ended on September 2021.
The company reported total revenue of ₹6,740.57 crores with an increase of 7% compared to the previous year.
Ambuja Cement enjoyed a net profit of ₹890.67 crores or ₹3.35 per share compared to ₹805.55 or ₹3.13 per share of the same quarter in the previous year.
Ambuja Cements’ total expenses were at ₹5,543.51 crores, a rise of 7.76% versus ₹5,144.38 crores in the year-ago period.
CEO Holcim India and MD & CEO Ambuja Cements Neeraj Akhoury said “During the quarter, EBITDA increased by 3.2 per cent despite intense headwinds on fuel costs. We are taking all possible steps, under our flagship ICAN programme, to further enhance our productivity to mitigate these headwinds. We will continue to retain focus on premium products which will support margins.”