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ACC Q1 profit up 74 pc at Rs 563 crore on surging cement demand


ACC Q1 profit up 74 pc at Rs 563 crore on surging cement demand
ANI |
Updated: Apr 19, 2021 17:58 IST
Mumbai (Maharashtra) [India], Apr 19 (ANI): Cement manufacturer ACC Ltd said on Monday its profit after tax rose by 74 per cent to Rs 563 crore in the January to March quarter as compared to Rs 323 crore in the same quarter of previous fiscal.
The company follows January to December as the fiscal year. Net sales during Q1 FY21 increased by 23 per cent to Rs 4,213 crore as compared to Rs 3,433 crore in Q1 FY20.
The operating earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter was Rs 860 crore as against Rs 586 crore in Q1 FY20, up 47 per cent.

Sindri , West-bengal , India , Mumbai , Maharashtra , Dhanbad , Jharkhand , Sridhar-balakrishnan , Lafargeholcim-group , Managing-director , Cement-manufacturer-acc-ltd , Profit-after-tax