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. Published under Cement News