-- Ambuja Cements' (NSE:AMBUJACEM, BOM:500425) consolidated attributable profit increased to 18.3 billion Indian rupees in the fiscal fourth quarter from 10.3 billion rupees a year ago, according to a filing to the Indian stock exchanges on Monday.
Shares of the cement manufacturer were down nearly 3% in Tuesday's trade.
Earnings per share during the quarter ended March 31 climbed to 7.37 rupees from 4.16 rupees a year earlier.
Revenue from operations in fiscal Q4 also rose year on year to 108.9 billion rupees from 98.9 billion rupees a year earlier.
The company's board recommended a final dividend of 2 rupees per share for the financial year ended March 31. The dividend will be paid on or after July 1 to shareholders of record on June 12, the filing said.