 "ACC March quarter net down 9%")
ACC, part of the world cement major LafargeHolcim, has posted a decline of 9 per cent in its consolidated net profit for the quarter ended March 31 at Rs 211 crore against Rs 232 crore in the previous corresponding quarter.
The company's consolidated net sales grew about 7.8 per cent to Rs 3,108 crore compared to Rs 2,884 crore last year.
After demonetisation, sales had been impacted during the October-December quarter. However, in the quarter under review, there was an uptick in demand, resulting in better sales. During the quarter, ACC sold 6.6 million tonnes of cement, a rise of
