Adani-owned ACC Cement. (Image: Shubhayan Bhattacharya/ NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
ACC Ltd. posted consolidated revenue of Rs 5,932 crore for the July-September period, marking an 28% year-on-year increase from Rs 4,634 crore.
Operating profit rose 67% to Rs 846 crore, while margins improved to 14.3% from 9.4% in the same quarter last year. Net profit grew over five-fold, or around 460%, to Rs 1,119 crore, compared to Rs 200 crore a year earlier. The profit also includes income tax provision reversal of Rs 671 crore.
The company posted the highest ever volume in the second quarter with a 16% year-on-year rise at 10 MT, the company said in a press release on Friday.
ACC will commission cement grinding units at Salai Banwa, which will add

 NDTV Profit
 NDTV Profit

 The Intercept
 The Intercept Daily Kos
 Daily Kos AlterNet
 AlterNet 5 On Your Side Sports
 5 On Your Side Sports Cleveland Jewish News
 Cleveland Jewish News ESPN MLB Headlines
 ESPN MLB Headlines Country Living
 Country Living