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ACC surges 7%, hits new high on strong operational performance in Q2


Shares of ACC hit a new high of Rs 2,299 as they rallied 7 per cent on the BSE in intra-day trade on Tuesday after the company reported strong operational performance for the second quarter ended June 2021 (Q2CY21). The company’s Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter (QoQ) to 22.4 per cent due to higher realisations. On a year-on-year (YoY) basis, Ebitda margins improved by 200 bps from 20.8 per cent in Q1CY20.
The company’s net sales during the quarter increased 51 per cent YoY at Rs 3,810 crore over the previous year quarter. Ebitda during the quarter was up by 65 per cent YoY at Rs 869 crore. The profit after tax (PAT) more-than-doubled to Rs 569 crore from Rs 271 crore in the corresponding quarter of the previous year. ....

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ACC shares jump nearly 7 per cent; hit 52-week high after earnings announcement

ACC shares jump nearly 7 per cent; hit 52-week high after earnings announcement
indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.

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ACC Ltd records 2Q21 profits after tax of INR5.69bn

ACC Ltd records 2Q21 profits after tax of INR5.69bn
cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.

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ACC shares jump over 7%; hit 52-wk high after earnings announcement

ACC shares jump over 7%; hit 52-wk high after earnings announcement
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Sridhar Balakrishnan , Ltd On , Chief Executive Officer Sridhar Balakrishnan , Heat Recovery System , ஸ்ரீதர் பாலகிருஷ்ணன் , லிமிடெட் ஆன் , வெப்பம் மீட்பு அமைப்பு ,

ACC Q2 net profit up two-fold to Rs 569 cr; revenue up 49% to Rs 3,885 cr

ACC Q2 net profit up two-fold to Rs 569 cr; revenue up 49% to Rs 3,885 cr
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Sridhar Balakrishnan , Ltd On , Heat Recovery System , ஸ்ரீதர் பாலகிருஷ்ணன் , லிமிடெட் ஆன் , வெப்பம் மீட்பு அமைப்பு ,