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Ambuja Cements 2009 net dips 12.43%

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Press Trust of India New Delhi

Cement major Ambuja Cements today said its consolidated net profit declined by 12.43 per cent to Rs 1,216.84 crore for the year ended December 31, 2009.

The cement producer had a consolidated net profit of Rs 1,389.71 crore a year earlier.

Total income rose to Rs 7,181.48 crore for the year ended December 31, 2009 from Rs 6,308.99 crore in 2008, Ambuja Cements said in a filing to the Bombay Stock Exchange (BSE).

The company has declared a final dividend of Rs 1.20 per share.

On a standalone basis, the company posted a net profit of Rs 1,218.37 crore in 2009, whereas the same was at Rs 1,402.27 crore in 2008.

 

Shares of Ambuja Cements today closed at Rs 100.65 on the BSE, down 2.38 per cent from its previous close.

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First Published: Feb 04 2010 | 9:11 PM IST

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