ACC’s July cement shipments up 28 percent

02 Aug 2011 Evaluate

ACC, India's no 2 cement producer, shipments in July rose 28 percent from a year earlier to 2 million tonnes. The company, in which Swiss cement maker Holcim holds about 46 percent saw production in July rose to 2.03 million tonnes from 1.55 million tonnes a year ago.

Recently, ACC had posted an increase of 6.18% in its June 2011 cement production at 1.89 million tonnes against 1.78 million tonnes in June 2010. Similarly, its dispatches for the month under review also surged by 7.30% to 1.91 million tonnes from 1.78 million tonnes in the year ago period.

The company’s net profit for the quarter ended June 30, 2011 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.

ACC Share Price

2494.75 38.20 (1.56%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Ultratech Cement 9740.00
ACC 2494.75
Shree Cement 25800.00
Ambuja Cement 612.30
Dalmia Bharat 1940.05
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.