India’s ACC FY08 net up 16.78 per cent

India’s ACC FY08 net up 16.78 per cent
Published: 01 February 2008

Cement maker,  ACC Ltd, today said its net profit has increased 16.78 per cent to INR1,438.59 crore for the year ended December 31, 2007 as compared to INR1,231.84 crore during the previous fiscal.  
 
Total income also witnessed a hike of 20.03 per cent to INR7,135.97 crore for FY08 as against INR5,945.13 crore for FY07.  
 
The Group has posted a net profit of INR1,427.34 crore for the year ended December 31, 2007 as compared to INR1,239.6 crore for the year ended December 31, 2006, an increase of 15.14 per cent.  
 
The Group’s total income also increased to INR7,189.43 crore for the year ended December 31, 2007 from INR5,984.56 crore for the year ended December 31, 2006, a hike of 20.13 per cent.