ACC reports 9% fall in Q1 consolidated net profit

24 Apr 2017

ACC has reported results for first quarter ended March 31, 2017.

The company has reported a fall of 9.85% in its net profit at Rs 211.50 crore for the quarter ended March 31, 2017 as compared to Rs 234.62 crore for the same quarter in the previous year. However, total income of the company has increased by 8.71% at Rs 3666.77 crore for quarter under review as compared to Rs 3373.05 crore for the quarter ended March 31, 2016.

On consolidated basis, the company has reported a fall of 8.91% in its consolidated  net profit at Rs 211.06 crore for the quarter ended March 31, 2017 as compared to Rs 231.70 crore for the corresponding quarter in the FY16. However, total consolidated income from operations of the company rose 8.83% at Rs 3663.18 crore for quarter under review as compared to Rs 3365.88 crore for the same quarter ended previous year.

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SEBI Registered: Investment Adviser - INA000013323

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