Ambuja Cements, now part of the Adani Group, on Friday reported a fall of 94.24 per cent in its consolidated net profit at ₹ 51.30 crore for the September quarter, mainly due to rising fuel prices and related inflationary impact. The company had clocked a net profit of ₹ 890.67 crore in the year-ago quarter, Ambuja Cements said in a BSE filing. Its revenue from operations rose 7.46 per cent to ₹ 7,143.17 crore as compared to ₹ 6,647.13 crore in the corresponding quarter of the previous financial year. Total expenses were at ₹ 7,179.90 crore, up 29.51 per cent from ₹ 5,543.51 crore a year ago. The consolidated results of Ambuja Cements includes the financial performance of its step-down firm ACC Ltd, in which it owns around 51 per cent stake. On a standalone basis, Ambuja Cements reported a decline of 68.74 per cent in its net profit to ₹ 137.89 crore as against ₹ 441.23 crore in the year-ago quarter. Its standalone revenue from operations climbed 13.37 per cent to ₹ 3,670.40 crore, as against ₹ 3,237.26 crore earlier. Sales volume on a standalone basis was up 12.33 per cent to 6.74 million tonnes per annum (MTPA) from 6 MTPA. On a consolidated basis, its sales volume increased 5.63 per cent to 12.57 MTPA in the July-September period. Source - NDTV #adani