Ambuja Cement Q4 Results: Cement maker reports highest ever annualised PAT, announces dividend

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Ambuja Cements reported its financial results for the March quarter on May 1. The cement maker’s net profit rose 4.2% year-on-year to ₹523.3, but missed the CNBC-TV18 poll estimates. The Adani Group firm’s revenue for the fourth quarter of the previous financial year rose 12.3% to ₹4,780.3 crore compared to ₹4,256 crore in the year-ago period. The analysts polled by CNBC-TV18 had pegged revenue at ₹4,780.3 crore.

#4QWithCNBCTV18 | Ambuja Cements reports Q4 earnings

➡️Net Profit At ₹523.3 Cr Vs CNBC-TV18 Poll Of ₹618 Cr

Here’s how the company’s actual numbers match with the CNBC-TV18 poll 👇 pic.twitter.com/olBxLePwK7

— CNBC-TV18 (@CNBCTV18Live) May 1, 2024

The Earnings Before Interest, Taxes, Depreciation, and Amortisation or EBITDA during the quarter rose 37% to ₹1,699 crore. 

#4QWithCNBCTV18 | Ambuja Cements reports Q4 earnings

➡️Net Profit Up 4.2% At ₹523.3 Cr Vs ₹502.5 Cr(YoY)

Here’s more 👇 pic.twitter.com/kaDYmHsngV

— CNBC-TV18 (@CNBCTV18Live) May 1, 2024

The cement maker, in its earning statement, said that the annualised profit after tax for the 12 months ended March stood at ₹738 crore, a surge of 119% from the year-ago period. This is the company’s highest-ever annualised PAT. The EBITDA for the financial year rose 73% to ₹6,400 crore. 

The company also announced a dividend of ₹2 per share. 

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow