Ambuja Cements’ net profit up 12.7% in Q3 2018

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NEW DELHI: Ambuja Cement on Tuesday reported a 12.73 per cent increase in consolidated net profit to Rs 396.01 crore for the quarter ended September 2018, helped by growth in sales volume.

Part of the Swiss cement giant LafargeHolcim, the company had clocked a net profit of Rs 351.29 crore in July-September 2017, Ambuja said in a BSE filing.

Its total income during the period under review rose by 11.84 per cent to Rs 6,097.53 crore as against Rs 5,451.58 crore in the corresponding quarter of the last year.

Ambuja Cement’s total expenses were up 11.81 per cent at Rs 5,540.26 crore in the quarter as against Rs 4,954.91 crore in the year-ago period.

The company follows January-December financial year.