ACC Limited Q4 FY11 Results : Net profit dips 10.87%

by khalid on 26/04/2011 · 0 comments

ACC ( ACC Limited ) is India’s number 1 Manufacturer of cement and concrete . ACC ‘s brand name is synonymous with cement . The company has reported a marginal dip in consolidated profit and posted a net profit of Rs 350.17 crores in the Q4 FY11 of the current fiscal (FY11), ended in Mar 2011 due to higher input and transport costs. The company had recorded a net profit of Rs 350.17 crores in the corresponding quarter Q4 FY10 of the last fiscal (FY10), ended in Mar 2010. This is a dip of 10.87%.

The company informed the market (BS/NSEE) that the net sales increased by 3.95% to Rs 2,556.21 crores in Q4 FY11 when compared with the same quarter Q4 FY10 of previous year. Net sales was Rs 2,240.33 crores in last year’s same quarter.

ACC sold 6.16 million tonnes of cement during the reporting quarter Q4 FY11 compared to 5.58 million tonnes in the January-March quarter of last year Q4 FY10.

Share’s Data :-
BSE Code : 500410
Market Cap : Rs 21,093.65 Crores
ACC Ltd. share’s CMP is Rs 1,122.60 on 26th Apr 2011.

Stay tuned to BelltheBull Blog for more news on ACC Limited !

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