Monday, December 23, 2024 | 03:17 PM ISTEN Hindi

Home / Companies / Results / ACC reports drop of nearly 7% in Q1 consolidated net profit at Rs 323 cr

ACC reports drop of nearly 7% in Q1 consolidated net profit at Rs 323 cr

The company, which follows January-December financial year, had posted a profit of Rs 346.02 crore in the same quarter a year ago, ACC said in a BSE filing

Premium

The Covid-19 pandemic is rapidly spreading throughout the world. ACC's plants and offices are under nationwide lockdown since March 24, 2020

Press Trust of India New Delhi

3 min read Last Updated : Apr 21 2020 | 8:56 PM IST

Cement maker ACC Ltd on Tuesday reported 6.64 per cent decline in consolidated net profit at Rs 323.02 crore for the March quarter 2020, impacted by volume decline during the lockdown last month.

The company, which follows January-December financial year, had posted a profit of Rs 346.02 crore in the same quarter a year ago, ACC said in a BSE filing.

Total revenue from operations was down 10.65 per cent to Rs 3,501.71 crore during the quarter under review as against Rs 3,919.11 crore in the year-ago period.

The Covid-19 pandemic is rapidly spreading throughout the world. ACC's plants and offices are under

Topics : Coronavirus Lockdown ACC Cement

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in