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ACC Q1 net drops 9% at Rs 211 cr

Total revenue from operations grew 9% to Rs 3,631 cr

Reuters 

ACC Q2 net dips 29% at Rs 82 cr

Ltd, a unit of the world's largest cement maker, Lafargeholcim Ltd, reported a 9 percent fall in its first-quarter net profit, but beat analysts' expectations, helped by stronger cement sales volume.

Consolidated fell to Rs 211 crore for the quarter ended March 31, from Rs 232 crore a year earlier, the company's third profit drop in four quarters.

Total from operations grew 9 percent to Rs 3,631 crore.

Sales volume at the company's cement segment rose 4 percent in the quarter as impact from government's move to withdraw high-denomination notes declined, the company said.

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ACC Q1 net drops 9% at Rs 211 cr

Total revenue from operations grew 9% to Rs 3,631 cr

Total revenue from operations grew 9% to Rs 3,631 cr

Ltd, a unit of the world's largest cement maker, Lafargeholcim Ltd, reported a 9 percent fall in its first-quarter net profit, but beat analysts' expectations, helped by stronger cement sales volume.

Consolidated fell to Rs 211 crore for the quarter ended March 31, from Rs 232 crore a year earlier, the company's third profit drop in four quarters.

Total from operations grew 9 percent to Rs 3,631 crore.

Sales volume at the company's cement segment rose 4 percent in the quarter as impact from government's move to withdraw high-denomination notes declined, the company said.

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Business Standard
177 22

ACC Q1 net drops 9% at Rs 211 cr

Total revenue from operations grew 9% to Rs 3,631 cr

Ltd, a unit of the world's largest cement maker, Lafargeholcim Ltd, reported a 9 percent fall in its first-quarter net profit, but beat analysts' expectations, helped by stronger cement sales volume.

Consolidated fell to Rs 211 crore for the quarter ended March 31, from Rs 232 crore a year earlier, the company's third profit drop in four quarters.

Total from operations grew 9 percent to Rs 3,631 crore.

Sales volume at the company's cement segment rose 4 percent in the quarter as impact from government's move to withdraw high-denomination notes declined, the company said.

image
Business Standard
177 22