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ACC reports 4% fall in Q1 consolidated net profit

29 Apr 2016 Evaluate

ACC has reported results for the first quarter and year ended March 31, 2016.

The company has posted a fall of 3.48% in its net profit at Rs 232.19 crore for the quarter ended March 31, 2016 as compared to Rs 240.55 crore for the same quarter in the previous year. Total income of the company has decreased by 3.18% at Rs 3039.52 crore for quarter under review as compared to Rs 3139.22 crore for the quarter ended March 31, 2015. 

On the Consolidated basis, the company has posted a fall of 4.05% in its net profit after tax minority interest and share of profit of associates at Rs 226.95 crore as compared to Rs 236.54 crore for the same period in the previous year. Total income of company decreased 3.44% at Rs 3032.37 crore for year under review as compared to Rs 3140.31 crore for the period ended March 31, 2015. 

Peers
Company Name CMP
Ultratech Cement 11020.00
Ambuja Cements 374.90
ACC 1217.50
Shree Cement 22215.80
Dalmia Bharat 1655.25
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