AMBUJA CEMENTS POSTED 31% RISE IN Q1 NET PROFIT

The cement manufacturing arm of ports-to-power conglomerate, Adani Group, Ambuja Cements, posted a 31% rise in its consolidated net profit for the first quarter of 2023-24. The company’s profit after tax stood at Rs 1,135 crore during the quarter, up from Rs 865 crore in the corresponding quarter of 2022-23.

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