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ACC reports 60% fall in Q2 consolidated net profit

15 Jul 2022 Evaluate

ACC has reported results for second quarter ended June 30, 2022.

The company has reported 58.38% fall in its net profit at Rs 222.17 crore for the quarter under review as compared to Rs 533.81 crore for the same quarter in the previous year. However, total income of the company increased by 15.06% at Rs 4,521.26 crore for June quarter as compared Rs 3,929.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 60.08% in its net profit at Rs 227.35 crore for the quarter under review as compared to Rs 569.45 crore for the same quarter in the previous year. However, total income of the company increased by 15.06% at Rs 4,522.28 crore for June quarter as compared Rs 3,930.49 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 10988.20
Ambuja Cements 374.65
ACC 1213.00
Shree Cement 22248.80
Dalmia Bharat 1660.30
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