Ambuja Cements reports 46% rise in profit to Rs 328.9 crore in Q3FY23

Ambuja Cements Q3 results: The revenue from operations of the company rose 10 per cent to Rs 4,128.5 crore from Rs 3,739.9 crore a year ago

Ambuja Cements recorded a 46 per cent rise in its standalone profit to Rs 368.99 crore in the quarter ending December 31, 2022 (Q3FY23) as compared to Rs 252.81 crore in Q3FY22. The volume rose seven per cent during the same period. 

The revenue from operations of the company rose 10 per cent to Rs 4,128.5 crore from Rs 3,739.9 crore a year ago. Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) came in at Rs 715 crore, with a margin of 17.5 per cent.

On a quarter-on-quarter basis, the net revenue was up by 11 per cent Rs 8,036