Thursday 30 October 2014

ACC reports 62% growth in Q3 net profit

ACC has reported results for third quarter ended September 30, 2014.
The company has registered 69.57% jump in its net profit at Rs 204.91 crore for the quarter under review as compared to Rs 120.84 crore for the same quarter in the previous year. Total income of the company has increased 9.64% at Rs 2859.04 crore for September as compared Rs 2607.69 crore for the corresponding quarter previous year.
On consolidated basis, the company’s net profit after taxes, minority interest and share in profit of associates for the quarter under review registered 61.98% growth at Rs 192.60 crore against Rs 118.90 crore in the September quarter of previous fiscal. The company’s total income has increased by 9.26% at Rs 2847.23 crore for the quarter from Rs 2605.83 crore in the similar quarter of previous year.

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