Ambuja Cements Q1 Results Live : profit falls by 28.63% YOY
Ambuja Cements Q1 Results Live : Revenue decreased by 4.61% YoY & profit decreased by 28.63% YoY
Ambuja Cements Q1 Results Live : Ambuja Cements declared their Q1 results on 31 Jul, 2024. The topline decreased by 4.61% & the profit decreased by 28.63% YoY.
Compared to the previous quarter, the revenue declined by 6.55% and the profit decreased by 38.75%.
The Selling, general & administrative expenses declined by 0.83% q-o-q & decreased by 6.81% Y-o-Y.
The operating income was down by 44.25% q-o-q & decreased by 37.28% Y-o-Y.
The EPS is ₹2.65 for Q1 which decreased by 38.52% Y-o-Y.
Ambuja Cements has delivered -0.36% return in the last 1 week, 21.35% return in the last 6 months and 30.53% YTD return.
Currently, Ambuja Cements has a market cap of ₹166069 Cr and 52wk high/low of ₹706.95 & ₹404.05 respectively.
As of 01 Aug, 2024, out of 33 analysts covering the company, 2 analysts have given Strong Sell rating, 4 analysts have given Sell rating, 7 analysts have given Hold rating, 11 analysts have given Buy rating &9 analysts have given Strong Buy rating.
The consensus recommendation as on 01 Aug, 2024 was to Buy.
Ambuja Cements Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 8311.48 | 8893.99 | -6.55% | 8712.9 | -4.61% |
| Selling/ General/ Admin Expenses Total | 2413.16 | 2433.28 | -0.83% | 2589.63 | -6.81% |
| Depreciation/ Amortization | 467.43 | 453.06 | +3.17% | 371.72 | +25.75% |
| Total Operating Expense | 7499.1 | 7436.83 | +0.84% | 7417.67 | +1.1% |
| Operating Income | 812.38 | 1457.16 | -44.25% | 1295.23 | -37.28% |
| Net Income Before Taxes | 1102.68 | 1601.14 | -31.13% | 1511.66 | -27.06% |
| Net Income | 646.31 | 1055.16 | -38.75% | 905.61 | -28.63% |
| Diluted Normalized EPS | 2.65 | 3.87 | -31.61% | 4.31 | -38.52% |
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