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ACC reports over 2- fold jump in Q1 consolidated net profit

27 Jul 2023 Evaluate

ACC has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported over 2- fold jump in its net profit at Rs 463.93 crore for the quarter under review as compared to Rs 222.17 crore for the same quarter in the previous year. Total income of the company increased by 16.77% at Rs 5,279.35 crore for Q1FY24 as compared Rs 4,521.26 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 466.14 crore for the quarter ended June 30, 2023 as compared to Rs 227.35 crore for the same quarter in the previous year. Total income of the company increased by 16.71% at Rs 5,278.02 crore for Q1FY24 as compared Rs 4,522.28 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Ultratech Cement 11090.00
Ambuja Cements 380.15
ACC 1228.90
Shree Cement 22175.00
Dalmia Bharat 1686.80
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