Ambuja Cement records PAT of ₹369 crore in Q4, shares rally

Ambuja shares were trading at ₹386.10 on the NSE, up 1.67% in late afternoon trades.

By Aryan Jakhar Published on February 7, 2023, 15:34 IST Last updated February 7, 2023, 15:35 IST

Image Source: Twitter

Ambuja Cement, now a subsidiary of Adani Cement, reported a 46% increase in standalone net profit for the quarter ended 31 December 2022 (Q4FY23) to ₹368.99 crore from 252.81 crore in the same time last year. Ambuja shares were trading at ₹386.10 on the NSE, up 1.67% in late afternoon trades.

Aryan Jakhar

Aryan Jakhar is currently a third-year undergraduate student at the Manipal University Jaipur. He is a media enthusiast and is passionate about content writing. Aryan is currently working as a Sub-Editor for Business Upturn.