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ACC Posts 126% Rise in Q4 Profit

By Olga

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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