Ambuja Cements Ltd :Q1CY12 First Cut :: GEPL PDF link

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Ambuja Cements Ltd :Q1CY12 First Cut

• Net sales for Q1CY12 grew by 19.7% on Y-o-Y basis to Rs 26,609 mn. This was mainly driven by higher volumes and better realisation.
• EBIDTA Margins for Q1CY12 stood at 29%, showing an increase of 80 bps on Y-o-Y basis and 995 bps on Q-o-Q basis.
• Net profit for Q1CY12 declined by 23.4% on Y-o-Y basis to Rs 3,122 mn, the decline was attributable to Change in depreciation method for fixed assets pertaining to captive power plant from SLM (straight line) method to Written down value method (WDV). As a result of this company has recognized an additional depreciation of Rs 2,890.8 mn. Amount relating to earlier years has been disclosed as exceptional item amounting to Rs 2,791.3 mn.
• The PAT would have been higher by Rs 1952.9 mn if the cmpany continued to use earlier method of depreciation.

  

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