Ambuja Cements records a consolidated net profit of ~Rs453cr in Q2CY20

The consolidated net profit increased by 10% yoy in the June quarter of CY20.

Jul 24, 2020 05:07 IST India Infoline News Service

Quarterly Results
Ambuja Cements Ltd announced its Q2CY20 results on July 24, 2020. Consolidated net revenue of Ambuja Cements Ltd in Q2CY20 stood at Rs2,176.75cr, which declined by 27.04% yoy from Rs2,983.56cr in Q2CY19.

EBITDA stood at Rs595.21cr in Q2CY20 which decreased by 14.77% yoy. For Q2CY19, it had posted EBITDA of Rs698.39cr. EBITDA margin as of Q2CY20 was at 27.34% which rose by 3.9% yoy against the same quarter, the previous year.

The consolidated net profit in Q2CY20 came in at Rs453.37cr which rose  by 10.03%, as compared to Q2CY19, when it had reported Rs412.05cr. The net profit margin in Q2CY20 came in at 20.83% which increased 7.02% yoy. The net profit margin for Q2CY19 was at 13.81%.

The shares of a company closed at Rs201 with gain of 1.62% on BSE.

Particulars Q2CY20 (Rs in cr) Q2CY19 (Rs in cr) % VAR
Net Revenue 2176.75 2983.56 -27.04
Operating Profit 595.21 698.39 -14.77
Net Profit 453.37 412.05 10.03
EBITDAM% 27.34 23.41 3.93
PATM% 20.83 13.81 7.02

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