The result was announced during market hours today, 9 February 2012.
Meanwhile, the BSE Sensex was up 165.64 points, or 0.94%, to 17,872.96.
On BSE, 4.73 lakh shares were traded in the counter compared with average volume of 3.18 lakh shares over the past two weeks.
The stock hit a high of Rs 181.20 and a low of Rs 175.70 so far during the day.
On a consolidated basis, Ambuja Cements' net profit fell 2.79% to Rs 1227.74 crore on 15.87% increase in total income to Rs 8849.95 crore in the year ended December 2011 over the year ended December 2010.
The board of Ambuja Cements has recommended a final dividend of Rs 1.80 per share.
With regard to the future outlook, Ambuja Cements said it expects strong cement demand in calendar 2012. The company, however, sees cost pressure on account of rising cost of energy, logistics and raw materials impacting industry margins adversely. The company said it is focused on improving operational efficiency and productivity to mitigate cost pressures. Ambuja Cements expects cement prices to remain volatile in the short-term due to demand supply imbalances.