NIFTY, Intraday Tips, NSE, News, Mutual Fund, Commodity, Currency, World Market, Finance, Economic, BSE, Wealth, NPS, IPO, Portfolio, MCX, Investment Guru

01-01-1970 12:00 AM | Source: Angel Broking Ltd

Ambuja Cement Ltd - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd

News By Tags | #167 #5948 #607 #6174

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below are Quote on Ambuja Cement Ltd - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd

Ambuja Cement Ltd reported total revenue from operations at 3,579 up by 29.7% YoY from ₹2760 crores in Q4FY20. Volumes up by 24.5% to 7.17Mn Tonnes as compared to 5.76 Mn Tonnes in Q4FY20. EBITDA for the quarter at 977 crores up by 62% in Q4FY21 as compared to 603 crores in Q4FY20. EBITDA margins are also up by 540 bps at 27.3% in Q4FY2021 as compared to 21.9% in Q4FY20. Profit after tax for the quarter at ₹665 crores in Q4FY21 as compared to ₹399 crores in Q4FY20 up by 66.7%.

Amubuja cement reported very strong results for the quarter Q4FY21, EBITDA margins are above the expectation, new green field capacity at mundwa to commence operation by Q3FY22, we expect the market to react positively tomorrow.

Above views are of the author and not of the website kindly read disclaimer

IGI Logo

Ambuja Cement Ltd - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd

Top News

Tag News

More News