Ambuja Cements Q1 Results: Standalone profit falls 12% YoY to Rs 571 crore, revenue drops 5%
Ambuja Cements saw an 11.5% drop in standalone profit to Rs 571 crore for the June quarter. Revenue decreased 4.5% to Rs 4,516 crore. Operating EBITDA fell to Rs 646 crore, and EBITDA margin dropped to 14.3%. Sales volume grew by 3%, and kiln fuel costs were reduced by 17%. CEO Ajay Kapur emphasized cost-cutting initiatives.