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News Ambuja Cement reports 26% increase in profit in second quarter of 2014

Ambuja Cement reports 26% increase in profit in second quarter of 2014

Written by Global Cement staff 25 July 2014
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India: Ambuja Cement has reported a 26% year-on-year increase in stand-alone net profit for the second-quarter of 2014, led by increase in sales and other income. The company posted a second-quarter stand-alone net profit of US$68.0m, up from US$53.9 for the second quarter of 2013. Ambuja Cement's quarterly net sales were US$450m, up by 15% from US$390m in the preceding year quarter, while other operating income was US$2.28m, compared with US$5.48m in the second-quarter of 2013. During the second quarter, sales volumes rose by 8% to 5.79Mt from 5.38Mt in the prior-year quarter.

Last modified on 30 July 2014
Published in Global Cement News
Tagged under
  • India
  • Results
  • Ambuja
  • GCW161
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