Home / Companies / News / Covid-19: ACC profit down 40.5% to Rs 270 cr in Apr-Jun, sales fall 37.2%

Covid-19: ACC profit down 40.5% to Rs 270 cr in Apr-Jun, sales fall 37.2%

The company, which follows a January-December financial year, had posted a profit of Rs 455.68 crore in the same quarter a year ago

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Its total revenue from operations was down 37.29 per cent to Rs 2,602.24 crore during the quarter under review as against Rs 4,149.82 crore in the year-ago period.

Press Trust of India New Delhi

1 min read Last Updated : Jul 20 2020 | 9:00 PM IST

Cement maker ACC on Monday reported a 40.53 per cent decline in its consolidated net profit to Rs 270.95 crore for the quarter ending June, impacted mainly by a decline in sales during the lockdown.

The company, which follows a January-December financial year, had posted a profit of Rs 455.68 crore in the same quarter a year ago, it said in a BSE filing.

ACC's total revenue from operations was down 37.29 per cent to Rs 2,602.24 crore during the quarter under review as against Rs 4,149.82 crore in the year-ago period.

ACC's total expenses in April-June quarter of 2019 were at Rs

Topics : Coronavirus Lockdown ACC Cement ACC june quarter numbers Indian Economy cement industry Construction sector Real estate sector in India

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