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ACC reports 45% fall in Q2 consolidated net profit

20 Jul 2015 Evaluate

ACC has reported results for second quarter ended June 30, 2015.

The company’s net profit has declined by 45.48% at Rs 131.41 crore for the quarter under review as compared to Rs 241.02 crore for the quarter ended June 30, 2014. Its total income has decreased by 2.05% to Rs 3038.70 crore for the quarter under review from Rs 3102.40 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 45.11% fall in its net profit after taxes & Minority interest at Rs 133.46 crore for the quarter under review as compared to Rs 243.15 crore for the same quarter in the previous year. Total income of the company has decreased by 2.13% at Rs 3037.12 crore for quarter under review as compared to Rs 3103.22 crore for the quarter ended June 30, 2014.

Peers
Company Name CMP
Ultratech Cement 11003.20
Ambuja Cements 374.10
ACC 1213.35
Shree Cement 22143.30
Dalmia Bharat 1653.25
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