
ACC’s consolidated sales turnover was INR 2555.90 crore, against INR 2284.00 crore in the corresponding quarter last year. Sales volume was depressed against a backdrop of weak demand from the construction sector and prolonged monsoon.
Profit before Tax in the Q3 was INR 350.30 crore as against INR 220.73 crore in the same quarter of the preceding year. Similarly profit after Tax was INR 241.96 crore in this quarter, as compared to INR 159.29 crore in the corresponding quarter of previous year.
The steep increase announced in the price of diesel during the quarter led to a rise in the cost of road transport and other inputs. The company is keeping rigorous control to mitigate the effect of these inflationary pressures. Simultaneously other strategic initiatives are also being taken for continuous improvements in operations, sales and logistics.
Source - ACC
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