ACC’s Q1 net profit up 33%

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Mumbai, July 17 (IANS) Cement and ready mixed concrete producer ACC on Monday reported an increase of 32.6 per cent in its consolidated net profit for the second quarter (Q2) of 2017.

The net profit rose to Rs 326 crore from Rs 246 crore reported in the second quarter of last year.

Besides, the company’s consolidated sales turnover (net of excise duty) rose 17.8 per cent to Rs 3,329 crore in April-June 2017 from Rs 2,827 crore in the corresponding period last year.

–IANS

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