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ACC reports 2-fold jump in Q2 consolidated net profit

20 Jul 2021 Evaluate

ACC has reported results for second quarter ended June 30, 2021.

The company has reported 99.19% rise in its net profit of Rs 533.81 crore for the quarter under review as against net profit of Rs 267.99 crore for the same quarter in the previous year. Total income of the company increased by 48.22% at Rs 3929.50 crore for quarter ended June 30, 2021 as compared Rs 2651.07 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the owners at Rs 569.42 crore for the quarter under review as against net profit of Rs 270.92 crore for the same quarter in the previous year. Total income of the company increased by 48.12% at Rs 3930.49 crore for quarter ended June 30, 2021 as compared to Rs 2653.52 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 10620.10
Ambuja Cements 358.65
ACC 1167.00
Shree Cement 22300.90
Dalmia Bharat 1625.30
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