ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge

Company says its cost efficiency project 'Parvat' is on track and has helped in managing some continuing cost headwinds

ACC Limited reported a consolidated net profit of Rs 563 crore in the March quarter, up 74 per cent from the same period last year on the back of increased revenues.

The top line in the period under review stood at Rs 4,213 crore, up 23 per cent from the same period last year.

"This quarter, we delivered the highest ever revenue and operating EBIT (earnings before interest and taxes). Our cost efficiency project ‘Parvat’ is on track and has helped in managing some continuing cost headwinds," Sridhar Balakrishnan, managing director and chief executive officer was quoted as saying.

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