ACC registers an increase of 7.30% in June dispatches

ACC has posted an increase of 6.18% in its June 2011 cement production at 1.89 million tonnes against 1.78 million tonnes in June 2010. Similarly, its dispatches for the month under review also surged by 7.30% to 1.91 million tonnes from 1.78 million tonnes in the year ago period.

Meanwhile, the cement maker’s cumulative production for January- June 2011 period increased by 11.33% to 12.18 million tonnes from 10.94 million tonnes for January-June 2010 period. Total dispatches of cement since the beginning of 2011 till June stood at 12.18 million tonnes as compared to 10.88 million tonnes for the year ago period, up 11.95%.

The company’s net profit for the quarter ended March 31, 2011 declined by 13.44% at Rs 350.66 crore as compared to Rs 405.13 crore for the quarter ended March 31, 2010. Its total income for the quarter ended March 31, 2011 increased by 13.98% at 2465.08 crore as compared to Rs 2162.70 crore for the corresponding quarter of the previous year.