Ambuja Cements' stellar operating performance is a one-quarter wonder

in hive-116221 •  4 years ago 

STEEM POSTS

  • Ambuja Cements trimmed its employee cost and other expenses in the June quarter, leading to a sequential and annual decline in these parameters
  • Ambuja's cement sales volumes declined 28% year-on-year to 4.2 million tonnes
  • A key highlight of Ambuja Cements Ltd's June quarter earnings was its robust operating performance. Strict cost cutting along with higher realisations, pushed its Ebita/tonne to ?1,354. Ebitda stands for earnings before interest, tax, depreciation and amortisation. An analysis by Reliance Securities Ltd showed that this is the highest number in 12 years.


Shared On DLIKE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!