Business

Ambuja Cements Q2FY25 Results: Net profit Dips 42.5% To Rs 456 Crore

Ambuja Cements has released its financial results for the second quarter of the fiscal year 2025, revealing a substantial decline in net profit. The company experienced a 42.5% drop in its consolidated net profit attributable to shareholders, largely driven by persistent weakness in pricing and demand within the sector. For the quarter in question, Ambuja reported a net profit of Rs 456 crore, a significant decrease from Rs 793 crore recorded in the same period last year.

Despite the profit decline, net sales for the Adani Group-promoted company showed a modest increase, rising by 1.2% year-on-year to reach Rs 7,516 crore. However, this slight revenue growth was insufficient to offset the challenges faced in profitability. The results highlight the ongoing difficulties in the cement industry, where fluctuating prices and subdued demand continue to impact financial performance. Ambuja Cements’ results reflect broader trends in the sector, emphasizing the need for strategic adjustments to navigate these market conditions effectively.

MUST READ: Bharti Airtel Q2FY25 Results: Net profit Jumps 168% To Rs 3,593 Crore

Kanika Sharma

Recent Posts

Who Is Oscar Jenkins? Australian Man Captured In Ukraine By Russian Soldiers

Australian officials are investigating a video showing Melbourne man Oscar Jenkins, who appears to have…

21 mins ago

Kichcha Sudeep Using English Title For New Movie Sparks Backlash, Actor Gets Furious While Defending The Move

Apart from Max, Kichcha Sudeep is working on two yet-to-be-titled projects, as well as Billa…

23 mins ago

Pakistan Rewrites History After 1991, 3-0 Whitewash Against South Africa

Pakistan’s victory in the third ODI was powered by a brilliant century from Saim Ayub,…

29 mins ago

Holiday Survival Guide: Here’s How To Enjoy The Holidays Without The Need For Perfection

Ditch perfectionism this holiday season and focus on what truly matters—love, connection, and joy. Here's…

34 mins ago

Why Is Bashar Al-Assad’s Wife Asma Al-Assad Filing For Divorce

As the Assad regime crumbles, a new chapter unfolds for Asma Al-Assad, who seeks divorce…

41 mins ago

Has Jeff Bezos Cancelled His $600 Million Lavish Wedding Or Was It Never Happening?

Bezos allegedly arrived in Aspen on December 21 via private jet with his entourage. Planners…

54 mins ago