ACC Q1 results: Net profit jumps 74% to Rs 563 cr : vimarsana.com

ACC Q1 results: Net profit jumps 74% to Rs 563 cr


ACC Q1 results: Net profit jumps 74% to Rs 563 crore
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ACC Ltd reported a 47 per cent jump in earnings before interest, taxes, depreciation and amortization during the quarter at Rs 860 crore.
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ACC’s total expenses during the quarter were recorded at Rs 3,586.14 crore as against Rs 3,083.53 crore in the same period last year.
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MUMBAI: Cement maker,
ACC Ltd has reported a 74 per cent rise in consolidated net profit at Rs 562.59 crore as against a net profit of Rs 323 crore during the same period last year.
“We aim to continue driving the four stated strategic priorities, performance, growth, innovation and sustainability,” said Sridhar Balakrishnan, managing director of ACC Ltd.

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