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Ambuja Cement has made a net profit (standalone net profit) of Rs 571 crore in the first quarter of the financial year 2024-25. It has decreased by 11.5% on an annual basis. The company had a profit of Rs 645 crore in the same quarter a year ago.
Talking about operational revenue, it stood at Rs 4,516 crore in the April-June quarter. There has been a decrease of 4.52% on an annual basis. In the first quarter of the financial year 2023-24, the company had earned Rs 4,730 crore.
Ambuja Cement profit drops 11.5% in Q1 FY25
on an annual basis
| Ambuja Cement | FY25 (April-June) | FY24 (April-June) | Change (%) |
| Operational Revenue | ₹4,516 | ₹4.730 | -4.52% |
| other income | ₹420 | ₹189 | 121.85% |
| Total Income | ₹4,936 | ₹4,919 | 0.34% |
| Total Expenses | ₹4,156 | ₹4,053 | 2.54% |
| Net Profit | ₹571 | ₹645 | -11.51% |
Note – Figures in Rs crore…Note: Results are standalone.
Ambuja Cement’s revenue declined by 5.52% in the April-June quarter
on a quarterly basis
| Ambuja Cement | FY25 (April-June) | FY24 (January-March) | Change (%) |
| Operational Revenue | ₹4,516 | ₹4,780 | -5.52% |
| other income | ₹420 | ₹177 | 137.28% |
| Total Income | ₹4,936 | ₹4,957 | -0.42% |
| Total Expenses | ₹4,156 | ₹4,260 | -2.44% |
| Net Profit | ₹571 | ₹532 | 7.33% |
Note – Figures in Rs crore…Note: Results are standalone.
Standalone means – performance of one unit
Standalone financial statements (results) tell about the financial performance, position and cash flow of an individual company. It does not include the results of its subsidiaries. The results of companies come in two parts – standalone and consolidated.
Ambuja Cement shares rise after results
After the results, Ambuja Cement’s stock is trading at Rs 680.35 today (Wednesday, 31 July) up 0.87%. The company’s stock has fallen 0.13% in the last 5 days and 2.30% in a month.
Whereas, it has given a return of 21.20% in the last 6 months and 46.67% in one year. The company’s stock has risen 27.10% this year i.e. from January 1, 2024 till now. The market-cap of the company is Rs 1.67 lakh crore.
After the results, Ambuja Cement shares are trading at Rs 678.55 today (Wednesday, July 31), up 0.61%.
In June 2022, Adani Group bought Ambuja Cement and ACC Cement
Adani Group bought Ambuja Cement and ACC Cement for $10.5 billion in June 2022. Recently, Gautam Adani’s family has invested ₹8,339 crore in Ambuja Cement, increasing their stake in the cement making company to 70.3%. Ambuja Cement gave information about this in the exchange filing.
After the acquisition, the Adani family invested ₹5,000 crore in Ambuja Cements through warrants on 18 October 2022. At the same time, 22 days ago i.e. on 28 March 2024, the Adani family had invested ₹6,661 crore, then their stake in the company increased by 3.6% to 66.7%.
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ACC’s profit in the first quarter fell by 22.5%: it stood at ₹ 361 crore, the company’s income also fell by about 1% to ₹ 5,154 crore
Adani Group’s cement company ACC’s profit in the first quarter (April-June) of FY 2024-25 fell 22.5% year-on-year (YoY) to Rs 361 crore. The company’s consolidated net profit was Rs 466 crore in the same quarter a year ago. ACC has released its first quarter results today i.e. on 29th July. Consolidated revenue i.e. income from ACC’s operations has declined by about 1% on an annual basis.
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