ACC Ltd posted on Wednesday a better-than-expected 23 percent rise in quarterly profit on strong sales volumes.

ACC, 46 per cent owned by Holcim , said consolidated net profit for the March quarter rose to INR3.99bn (US$79m) from INR3.24bn a year ago.

Standalone net profit was INR4.05bn.

Consolidated sales rose 14 per cent to INR21.64bn, buoyed by rise in demand from rural areas and large constructions.
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