Picture of Ambuja Cements logo

AMBUJACEM Ambuja Cements News Story

0.000.00%
in flag iconLast trade - 00:00
Basic MaterialsBalancedLarge CapHigh Flyer

India's Ambuja Cements fourth-quarter profit rises on tax gains

May 4 (Reuters) - India's Ambuja Cements ABUJ.NS reported a rise in fourth-quarter profit after tax on Monday, helped by tax gains and higher other income.

The Adani Group-owned cement maker posted a profit after tax of 16.44 billion rupees ($173.06 million) for the quarter ended March 31, up nearly threefold from a year earlier.

($1 = 94.9950 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru; Editing by Rashmi Aich and Ronojoy Mazumdar)

 ((Bipasha.Dey@thomsonreuters.com;))

Recent news on Ambuja Cements

See all news