ACC has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 39.62% fall in its net profit at Rs 236.57 crore for the quarter under review as compared to Rs 391.81 crore for the same quarter in the previous year. However, total income of the company increased by 9.46% at Rs 4908.02 crore for Q4FY23 as compared to Rs 4484.05 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported fall of 40.54% in its net profit at Rs 235.66 crore for fourth quarter ended March 31, 2023 as compared to Rs 396.33 crore for the same quarter in the previous year. However, total income of the company increased by 9.48% at Rs 4910.06 crore for Q4FY23 as compared to Rs 4485.01 crore for the corresponding quarter previous year.
During the quarter ended September 30, 2022, the Board of Directors had approved the change of financial year end from December 31 to March 31. In view of this. the current financial year is for a period of fifteen months i.e., January 01, 2022 to March 31, 2023 and accordingly, the figures for the fifteen months ended March 31, 2023 are not comparable with the figures for the year ended December 31, 2021.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 11499.90 |
| Ambuja Cement | 441.05 |
| ACC | 1409.50 |
| Shree Cement | 24303.35 |
| Dalmia Bharat | 1947.95 |
| View more.. | |
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