Cement producer ACC Ltd reported an about 33 percent rise in June-quarter consolidated profit, boosted by higher cement sales volume. The company, a unit of the world's No.1 cement maker, LafargeHolcim Ltd, said consolidated profit rose to Rs 326 crore ($50.65 million) in the quarter ended June 30, from 2.46 billion rupees a year earlier. Analysts on average were expecting the cement maker to report a consolidated net profit of Rs 259 crore, according to Thomson Reuters data. The company's cement sales volume rose 10.1 percent to 6.74 million tons in the quarter, it ...
Higher sales volume boosts cement giant ACC's Q1 numbers by 33%
The company's cement sales volume rose 10.1 percent to 6.74 million tons in the quarter
Reuters Last Updated at July 17, 2017 17:33 IST