Ambuja Cement's consolidated net up 50% to Rs 351 crore

Ambuja Cements, part of LafargeHolcim, has posted a rise of 50 per cent in its consolidated net profit after tax for the quarter ended September at Rs 351 crore compared with Rs 234 crore in the corresponding previous quarter. Its consolidated net sales stood at Rs 5,318 crore against Rs 4,417 crore in the same quarter last year.

The company, which owns ACC, sold 10.98 million tonne of cement during the quarter, a rise of 14.9 per cent against 9.56 million tonne. The combined capacity of Ambuja (including ACC) stands Rs 63 million tonne per annum.

Ajay Kapur, managing director, Ambuja Cements,