Ambuja Cements Q1FY24 Results: Consolidated PAT of Rs. 905.61 Cr

Ambuja Cements Q2 FY24 Results: Consolidated PAT Rises to Rs. 792.96 Cr

Ambuja Cements Q1 results show revenue up from 8250.45 crores to 8976.14 crores, an 8.80% increase in growth. EPS rise from ₹3.08 to ₹4.31, up by 39.94%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Ambuja Cements shared its Q1 results on Wednesday. They earned 8976.14 crores in revenue this quarter, but that’s more than the 8250.45 crores they made last quarter. The company’s growth increased by 8.80 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 905.61 crores, up from 644.94 crores in the previous quarter. Their quarter-to-quarter growth increased by 40.42 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹4.31, which is an increase of 39.94% from the ₹3.08 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 8976.14 crores this year (2023), which is 9.87 percent higher than last year’s total revenue of 8169.58 crores.

This year’s PAT (Profit After Tax) is 905.61 crores, which is also 20.43% higher than last year’s PAT of 752 crores.

The EPS (Earnings Per Share) for this year is ₹4.31, which is 13.72% more than the EPS of ₹3.79 earned last year.

Also Read: Godrej Properties Q1FY24 Results: Consolidated PAT of Rs. 124.94 Cr

Ambuja Cements Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Ambuja Cements:

Ambuja Cements Limited, formerly recognized as Gujarat Ambuja Cement Limited, holds a significant position in the Indian cement manufacturing industry. The company actively markets cement and clinker for both domestic consumption and export markets.

Download the Full PDF of Ambuja Cements Q1 Results: Click Here

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