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.
