Ambuja Cements Ltd posts consolidated PAT of Rs. 732.24 crore in Q4CY20

AMBUJA CEMENTS LTD. has reported financial results for the period ended December 31, 2020.

Financial Results (Q4 CY2020) - QoQ Comparison

The company has reported total income of Rs.7552.73 crores during the period ended December 31, 2020 as compared to Rs.6266.55 crores during the period ended September 30, 2020.

The company has posted net profit / (loss) of Rs.732.24 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.621.81 crores for the period ended September 30, 2020.

The company has reported EPS of Rs.3.69 for the period ended December 31, 2020 as compared to Rs.3.13 for the period ended September 30, 2020.

Financials	Q4 CY2020	Q3 CY2020	% Change
Total Income	₹ 7552.73 crs	₹ 6266.55 crs	20.52%
Net Profit	₹ 732.24 crs	₹ 621.81 crs	17.76%
EPS	₹ 3.69	₹ 3.13	17.89%

Financial Results (Q4 CY2020) - YoY Comparison

The company has reported total income of Rs.7552.73 crores during the period ended December 31, 2020 as compared to Rs.7221.65 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.732.24 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.591.54 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.3.69 for the period ended December 31, 2020 as compared to Rs.2.98 for the period ended December 31, 2019.

Financials	Q4 CY2020	Q4 CY2019	% Change
Total Income	₹ 7552.73 crs	₹ 7221.65 crs	4.58%
Net Profit	₹ 732.24 crs	₹ 591.54 crs	23.79%
EPS	₹ 3.69	₹ 2.98	23.83%

Financial Results (Year ended CY 2020) - YoY Comparison

The company has reported total income of Rs.24965.76 crores during the 12 months period ended December 31, 2020 as compared to Rs.27684.29 crores during the 12 months period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.2365.44 crores for the 12 months period ended December 31, 2020 as against net profit / (loss) of Rs.2095 crores for the 12 months period ended December 31, 2019.

The company has reported EPS of Rs.11.91 for the 12 months period ended December 31, 2020 as compared to Rs.10.55 for the 12 months period ended December 31, 2019.

Financials	Year ended CY2020	Year ended CY2019	% Change
Total Income	₹ 24965.76 crs	₹ 27684.29 crs	-9.82%
Net Profit	₹ 2365.44 crs	₹ 2095 crs	12.91%
EPS	₹ 11.91	₹10.55	12.89%

Mr. Neeraj Akhoury, Managing Director & CEO said: "Ambuja continues its journey of delivering strong performance with EBITDA growth of 40% in the quarter and 23% for the full year 2020. Margin expanded by 410 bps during the quarter and 480 bps for the full year backed by strong performance in price, volume and costs. We have witnessed significant acceleration in volumes under the MSA with ACC.

I am happy to share that Ambuja has scored 5th place globally in the DJSI Worldwide in Construction Materials category. We remain committed to our Sustainability goals."

Shares of AMBUJA CEMENTS LTD. was last trading in BSE at Rs.282.85 as compared to the previous close of Rs. 286.75. The total number of shares traded during the day was 417895 in over 6358 trades.

The stock hit an intraday high of Rs. 290.7 and intraday low of 280.8. The net turnover during the day was Rs. 118536069.

Source : Equity Bulls

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