ACC net profit at Rs 225 crore

BS 200 Scorecard

Cement major ACC Ltd on Wednesday posted a net profit of Rs 224.68 crore for the quarter ended September 30 from Rs 228.29 crore for the corresponding quarter last year.

Total income of the company increased to Rs 1,395.2 crore during the third quarter this year from Rs 1,036.76 crore last year, it informed the Bombay Stock Exchange.

The figures for the third quarter and the nine months ended September 30 are not comparable to the same period last year because of the amalgamation of Bargarh Cement Ltd and Damodhar Cement and Slag Ltd and the divestment of refractory business, the company said.

The group reported a consolidated net profit of Rs 225.27 crore during the third quarter of 2006-07 as against Rs 224.74 crore during the same period last year. Consolidated total income of the group touched Rs 1,411.34 crore during the quarter ended September 30 from Rs 1,094.6 crore during the same quarter last year, it added.