Ambuja Cements Q2 Results: Profit plunges on rising cost
Standalone profit for the three months ended Sept.30 was Rs 138 crore ($16.68 million), compared with a profit of Rs 441 crore a year ago. Revenue rose to 13.38% to Rs 3670 crore. Analysts, on average, had expected the company to report a profit of Rs 470 crore, according to IBES data from Refinitiv.