Associated Cement Companies (ACC) today reported a 154% increase in consolidated net profit at Rs 203.70 crore for the second quarter ended September 30, 2005 as against Rs 80.20 crore in Q2FY05.According to a release issued by the company to the BSE today, total income increased to Rs 1,094.61 crore for the quarter ended September 30, 2005 from Rs 983.84 crore in Q2FY05."The company divested its refractory business on September 30, 2005, and profit on sale of the undertaking, amounting to Rs 172.80 crore, has been recognised during the quarter," the release added.