Q2CY17 Result : ACC
DSIJ Intelligence / 17 Jul 2017
The company's total sales for Q2CY17 came in at Rs 3453.3 crore, which represents 8.8 per cent sequential increase and 19.9 per cent YoY increase.
ACC reported its results for the quarter ended June 30, 2017 on Monday,
The company's total sales for Q2CY17 came in at Rs 3453.3 crore, which represents 8.8 per cent sequential increase and 19.9 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs. 473.9 crore and its EBIT margin stood at 13.7 per cent.
It reported PAT of Rs 326.2 crore, which represents a sequential QoQ increase of 54.6 per cent and a YoY increase of 32.6 per cent.
The board has approved an interim dividend of Rs 11 per equity share (Face Value: Rs 10)
ACC Ltd manufactures cement and ready mixed concrete with a countrywide network of factories and sales offices. ACC offers various kinds of Portland Cement for general construction and special applications.
The stock opened at Rs 1753 and created its 52-week high of Rs.1778.75 on the BSE.
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