Ambuja Cements Q4 Profit Down 9% to ₹956.27 Crore; Revenue Up 11.6%; ₹2 Dividend Recommended; Share Price Falls 2%.
Q4 Results: Ambuja Cements released its financial results for the fourth quarter (January-March 2025) of fiscal year 2024-25 on April 29th. While the company faced a decline in profit during this quarter, the revenue growth and dividend announcement offered some relief to investors.
9% Decline in Quarterly Profit
Ambuja Cements' consolidated net profit for the January-March 2025 quarter decreased by 9% to ₹956.27 crore. This compares to a profit of ₹1,050.58 crore in the same quarter of the previous year.
On a sequential basis, the company's profit was ₹2,115.33 crore in the December 2024 quarter, meaning the fourth-quarter profit was roughly halved.
Revenue Growth Year-on-Year and Quarter-on-Quarter
Ambuja Cements reported that its operational revenue for the January-March 2025 quarter reached ₹9,802.47 crore, reflecting an 11.6% year-on-year increase. This compares to ₹8,785.28 crore in the same quarter of the previous year.
Sequentially, the company's revenue also grew by 16.5%, up from ₹8,415.31 crore in the previous quarter.
14% Increase in Total Expenses
The company's total expenses for the March 2025 quarter amounted to ₹8,821.70 crore, compared to ₹7,747.41 crore in the same period last year. This represents a 14% year-on-year and a 6% quarter-on-quarter increase in expenses. Total expenses in the December 2024 quarter were ₹8,347.68 crore.
Dividend Recommendation
The board of directors of Ambuja Cements has recommended a dividend of ₹2 per equity share with a face value of ₹2 for the fiscal year 2024-25. This proposal is subject to shareholder approval. This dividend is considered a positive sign for investors.
Market Reaction
The market reacted somewhat negatively to the announcement of the company's results. At 3:00 PM on April 29th, Ambuja Cements shares were trading around 2% lower at ₹533 on the BSE.