Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsGujarat Ambuja Exports Q1 profit rises over 3-fold on strong operational performance

    Gujarat Ambuja Exports Q1 profit rises over 3-fold on strong operational performance

    But profit and revenue declined nearly 33 percent and 9 percent sequentially, respectively.

    Moneycontrol News
    July 28, 2018 / 15:25 IST
    We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Gujarat Ambuja Exports' first quarter net profit jumped more than 3-fold to Rs 53.1 crore compared to Rs 16.8 crore in same period last fiscal, driven by strong operational performance.

      Revenue during the quarter grew by 16.3 percent to Rs 804.2 crore compared to Rs 691.3 crore in year-ago.

      But profit and revenue declined nearly 33 percent and 9 percent sequentially, respectively.

      EBITDA (earnings before interest, tax, depreciation and amortisation) increased 184 percent year-on-year to Rs 97.7 crore and margin expanded sharply 720 basis points to 12.2 percent in Q1FY19.

      Moneycontrol News
      first published: Jul 28, 2018 03:25 pm

      Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347