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ACC reports 29% fall in Q3 consolidated net profit

21 Oct 2016 Evaluate

ACC has reported results for third quarter ended September 30, 2016.

The company has reported 28.14% fall in its net profit at Rs 84.10 crore for the quarter under review as compared to Rs 117.03 crore for the same quarter in the previous year. Total income of the company decreased by 9.36% at Rs 2544.96 crore for the quarter under review as compared Rs 2807.77 crore for the corresponding quarter previous year.     

On the consolidated basis, the company has reported 28.85% fall in its net profit after taxes, minority interest and share of profit of associates at Rs 81.97 crore for the quarter ended September 30, 2016 as compared to Rs 115.21 crore for the same quarter in the previous year. Total Income of the company has decreased by 9.28% to Rs 2547.78 crore for quarter under review from Rs 2808.29 crore for the quarter ended September 30, 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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