Net profit of Gujarat Ambuja Exports declined 29.18% to Rs 71.39 crore in the quarter ended December 2024 as against Rs 100.81 crore during the previous quarter ended December 2023. Sales declined 13.13% to Rs 1130.88 crore in the quarter ended December 2024 as against Rs 1301.75 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1130.881301.75 -13 OPM %10.879.64 - PBDT129.09161.19 -20 PBT97.20131.14 -26 NP71.39100.81 -29 Powered by Capital Market - Live News

The Board of Gujarat Ambuja Exports at its meeting held on 25 January 2025 has approved the acquisition of 50,00,000 equity shares (25% stake) of Maiz Citchem from M/s.SMAS Investors LLP at fair market value i.e. Rs. 10 per equity share. After this acquisition completed, MCL will become wholly-owned subsidiary company of Gujarat Ambuja Exports.Powered by Capital Market - Live News

Gujarat Ambuja Exports will hold a meeting of the Board of Directors of the Company on 25 January 2025.Powered by Capital Market - Live News

Gujarat Ambuja Exports has received credit rating of CARE AA-; Stable for long term bank facilities availed by the company. Powered by Capital Market - Live News

Net profit of Gujarat Ambuja Exports declined 16.25% to Rs 69.32 crore in the quarter ended September 2024 as against Rs 82.77 crore during the previous quarter ended September 2023. Sales rose 0.82% to Rs 1124.64 crore in the quarter ended September 2024 as against Rs 1115.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1124.641115.52 1 OPM %9.789.26 - PBDT125.48139.59 -10 PBT94.23109.10 -14 NP69.3282.77 -16 Powered by Capital Market - Live News