ACC Quarterly Revenue Rises 8.23% Year-On-Year To Rs 4,791 Crore
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ACC's total expenses were at Rs 4,514.38 crore, up 14.10 per cent. (File) New Delhi: Cement maker ACC Ltd on Thursday reported a decline of 40.53 per cent in its consolidated net profit at Rs 235.66 crore for the quarter ending March 2023. The company had posted a profit of Rs 396.33 crore in the January-March quarter a year ago, said ACC, now a part of Adani Cement, in a BSE filing. Its total revenue from operations during the quarter under review was at Rs 4,790.91 crore, up 8.23 per cent, as against Rs 4,426.54 crore in the corresponding period a year ago. ACC's total expenses were at Rs 4,514.38 crore, up 14.10 per cent. Its sales volume (Cement & Clinker) was at 8.5 million tonnes, up 7.6 per cent as against the January-March quarter of the last fiscal. ACC whole-time Director and CEO Ajay Kapur said: "Our transformation journey fuelled by sizeable operational efficiencies, improved synergies and business excellence has led to substantial improvement