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ACC reports 36.85% fall in Q2 consolidated net profit

25 Jul 2013

ACC has reported results for second quarter ended June 30, 2013.

The company has reported 38% fall in its net profit at Rs 259.09 crore for the quarter as compared to Rs 417.93 crore for the same quarter in the previous year. Total income of the company has decreased by 0.26% at Rs 2886 crore for quarter under review as compared to Rs 2893.54 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a fall of 36.85% in its net profit after taxes, Minority Interest and Share of Profit of associates at Rs 261.76 crore for the quarter as compared to Rs 414.52 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has decreased by 4.97% at Rs 2886.50 crore for quarter under review as compared to Rs 3037.47 crore for the quarter ended June 30, 2012.

During the quarter ended December 31, 2012, ACC Concrete and Encore Cement and Additives, the wholly owned subsidiaries were amalgamated with the Company. Consequently, results of these companies from January 01, 2012 to December 31, 2012 were included in the quarter ended December 31, 2012.

ACC Share Price

2310.30 50.60 (2.24%) Oct 14, 18:01
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Company Name CMP
Ultratech Cement 7403.50
ACC 2310.30
Shree Cement 27954.90
Ambuja Cement 408.80
Dalmia Bharat 2062.00
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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