Ambuja Cements Ltd Q3CY17
Standalone Results Q3CY17: (Rs. in crore)
|EBITDA Margin (%)||14.4||282|
|Net Profit (adjusted)||351||50|
Ambuja cements' Q3CY17 standalone results for the quarter registered a beat on consensus estimates. Revenue for the quarter came in 139.1 % higher than the estimated figure of Rs. 2249 crore. EBITDA for the quarter came in 114.1 % higher than the estimated figure of Rs. 361 crore. And lastly, net profit for the quarter came in 36 % higher than the estimated figure of Rs. 258.2 crore.
Ambuja cements' standalone revenue for the quarter came in at Rs. 5376 crore, registering 5% yoy increase. This was primarily driven by volume growth of 11% yoy to 5.02 MT in Q3CY17 vs 4.5 MT in previous year corresponding quarter.
EBITDA for the quarter rose by 30.5% yoy to Rs. 772.57 crore with a corresponding margin expansion of 281 bps. EBITDA margin for the quarter stood at 14.4%.
The PAT for the quarter came in at Rs. 351.2 crore, yoy increase of 50%.
Ambuja Cements Ltd ended at Rs. 282.25, up by 0.5 points or 0.18% from its previous closing of Rs. 281.75 on the BSE.
The scrip opened at Rs. 282.70 and touched a high and low of Rs. 286.75 and Rs. 280.45 respectively. A total of 29,01,924(NSE+BSE) shares were traded on the counter. The stock traded below its 50 DMA.
BSE 264.10 [0.55] ([0.21]%)
NSE 263.70 [1.05] ([0.40]%)
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