Ambuja Cements reported a standalone net profit of 532 crore rupees for the quarter that ended in March 2024, showing a 6% increase compared to the previous year. Revenue from operations in the fourth quarter rose by 12% year-on-year to Rs 4,780 crore. The Board has recommended a dividend of Rs 2 per equity share for the financial year 2023-24, subject to approval of shareholders of the company.
Revenue from operations rose 12% to Rs 4,780 crore in Q4 compared with Rs 4256 crore in the same quarter of last year. Earnings per share of the Adani Group firm rose to Rs 2.68 in Q4 against Rs 2.53 in Q4 of FY23.
Adani Wilmar will disclose its quarterly results on Wednesday. The results would be out during the market hours as an earnings call, represented by CEO and MD Angshu Mallick and CFO Shrikant Kanhere is scheduled at 3 pm later in the day.