 "ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%")
The consolidated net profit of ACC Limited for the second quarter of the current financial year (Q2FY24) stood at Rs 387.88 crore, the company said in a BSE filing. However, in the corresponding quarter of the previous year, the net loss stood at Rs 87.32 crore. Compared to Rs 466.14 crore in Q1FY24, the net profit was down 16.78 per cent.
The revenue from operations for Q2FY24 came in at Rs 4,434.73 crore, compared to Rs 3,987.34 crore year-on-year (y-o-y), registering a rise of 11.22 per cent. On a quarter-on-quarter (q-o-q) basis, the revenue for operations was down 14.47 per cent. It stood at Rs 5,201.11 crore in Q1FY24.
The total income for Q2FY24 came in at Rs 4,644.78 crore, compared to Rs 4,057.08 crore y-o-y, registering a rise of 14.48 per cent. On a q-o-q basis, the total income was down 11.99 per cent. It was Rs 5278.02 crore in Q1FY24.
At 1:52 pm, the ACC Limited stock was trading at Rs 1,883.75.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%