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Earnings Analysis: 
Ambuja Cements Net Falls
Author: Mita Yagnik
123jump.com
Last Update: 7:06 AM ET February 05 2010


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Ambuja Cements Limited full year sales rose 13% to Rs 7,077 crore and net profit fell 12.4% to Rs 1,217 crore or Rs 7.98 a share.

 
5:35PM Mumbai, India - Ambuja Cements Limited sales rose 13% and net profit fell 12.4%.

Ambuja Cements Limited, the cement company said full year sales rose 13% to Rs 7,077 crore from Rs 6,247 crore a year ago. Net profit for the quarter fell 12.4% to Rs 1,217 crore or Rs 7.98 per diluted share compared to net profit of Rs 1,390 crore or Rs 9.12 per share a year ago.

Ambuja Cements Limited, in the last one year traded as high as Rs 113.90 in January 2010 and as low as Rs 59.55 in March 2009. Based on the yesterday’s closing price of Rs 99.55 the company has market cap of Rs 151.69 billion.
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