ACC has reported results for its first quarter ended June 30, 2011.
The company’s net profit for the quarter has dipped 6.22% at Rs 336.58 crore as compared to Rs 358.93 crore for the same quarter last year. Its total income increased by 19.21% to Rs 2480.10 crore for the quarter under review from Rs 2080.42 crore for the corresponding quarter of the previous year.
On consolidated basis, the Group’s net profit has registered a fall of 6.12% at Rs 328.12 crore for the corresponding quarter previous year as compared to Rs 349.47 crore for the quarter ended June 30, 2010. Its total revenue has jumped by 17.46% to Rs 2616.27 crore for the quarter from Rs 2227.30 crore for the similar quarter of the previous year.
