Ambuja Cements posts 4 per cent rise in net profit in 2010

Ambuja Cements has posted a consolidated net profit of Rs 1,263 crore for year ended 2010, a 4 per cent rise over the net profit of Rs 1,217 crore in 2009. Net sales were up 4.4 per cent at Rs 7,390 crore compared to Rs 7,076.87 crore in 2009. During the year, production was up 6.9 per cent at 20.1 mn tonne, compared to 18.8 mn tonne in 2009. Domestic sales rose 8 per cent to 19.5 mn tonne while exports declined to 500,000 tonne. Contact: Ambuja Cements Ltd. Tel: 022 - 40667000 Website: www.ambujacement.com