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ACC Q1 FY25 results: Net profit down 22.5% at Rs 361 crore; stock falls

Business Standard LogoBusiness Standard8h ago

ACC Q1 FY25 results: Net profit down 22.5% at Rs 361 crore; stock falls - Business Standard

Quick Summary:

ACC's sales volume from Cement & Clinker in the April-June quarter was up 9 per cent at 10.2 million tonnes, which is the "highest ever volume" in Q1 over the last five years, according to an earning statement by the company.

Cement maker ACC Ltd on Monday reported a decline of 22.46 per cent in its net profit to Rs 361.40 crore in the first quarter ended on June 2024.

The company had posted a profit of Rs 466.14 crore in the April-June quarter a year ago, according to a regulatory filing from ACC, now a part of Adani Cement.


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Published On: 2024-07-29 @ 19:44:45 (8 hours ago)

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Copyright Owner: © Business Standard

News ID: 21825485

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