Ambuja Cements Q1 net rises 10%

May 04, 2018 10:12 pm | Updated 10:13 pm IST - MUMBAI

Ambuja Cements, a unit of global conglomerate LafargeHolcim, reported a 10.1% rise in standalone net profit to ₹272 crore in the March quarter on higher sales volume.

The company had posted a net profit of ₹247 crore in the same period last year. It follows January to December as financial year. Net sales rose to ₹2,763 crore in the March quarter, from ₹2,530 crore.

“The topline growth of 9% on a YoY basis is attributable to improved realisations and sales growth of premium brands ,” the firm said in a statement.

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