ACC Posts 126% Rise in Q4 Profit

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One of India's largest cement maker ACC said today that its profit for the fourth quarter more than doubled compared to the same quarter last year.

ACC Posts 126% Rise in Q4 Profit

Its profit rose by 126% to Rs 205.7 crores in the quarter ended December 31, 2017, from Rs 90.9 crore on December 31, 2016.

Its sales volume was up by 27% to 6.92 million tonnes for the quarter under evaluation. Operation profit increased grew by 54.2% at Rs 443 crores.

At 3:15 pm, ACC's stock price was Rs 1,693.80, up by Rs 103.30 (6.53%).

Read more about: acc, acc cement, acc q4 results
Story first published: Thursday, February 8, 2018, 15:25 [IST]
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