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Ambuja Cements consolidated net up 7% at Rs 555 cr

Higher sales, value-based pricing offset rising fuel prices, packing material costs

Ambuja Cements consolidated net up 7% at Rs 555 cr
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BS Reporter Mumbai

Ambuja Cements, part of the global cement giant LafargeHolcim, has posted a rise of 6.9 per cent in its consolidated net profit after taxes and minority interest at Rs 555 crore for the quarter ended 30 June compared with Rs 519 crore in the previous corresponding quarter. The company's consolidated net sales during the April-June period were up 14.7 per cent at Rs 6,145 crore against Rs 5,359 crore.

The consolidated sales volume of Ambuja were up 7.6 per cent at 12.78 million tonne against 11.88 million tonne a year ago. It is to be noted that ACC is a subsidiary