ACC net up 45% on higher realisation

Our Bureau Updated - October 16, 2019 at 09:58 AM.

Mumbai, October 15

ACC reported a 45 per cent increase in September quarter net profit at ₹303 crore against ₹209 crore logged in the same period last year due to higher realisation. Net sales during the quarter were up three per cent at ₹3,464 crore (₹3,364 crore).

EBITDA increased by 26 per cent to ₹443 crore. Sales volume was down two per cent at 6.44 million tonnes. Demand during the quarter was muted due to extended monsoon, said the company.

Published on October 16, 2019 04:28