India: ACC reports 10% fall in cement deliveries in 3Q16

India: ACC reports 10% fall in cement deliveries in 3Q16
31 October 2016


The Indian LafargeHolcim subsidiary ACC Ltd reported a 0.5 per cent reduction in cement deliveries for the first nine months of the year to 17.54Mt, while in the third quarter the reduction was a more notable 9.6 per cent to 5.07Mt. 

The turnover declined by 3.6 per cent to INR82.74bn (EUR1133.50m) while EBITDA came off by 7.4 per cent to INR11.65bn (EUR159.58m), but the pretax profit rose by 18.6 per cent to INR75.84bn (EUR103.9m).

The new 2.79Mt clinker plant  and the 1.1Mta grinding centre at at Jamul as well as the 1.35Mta grinding centre at Sindri have now all been commissioned. 

Published under Cement News

Tagged Under: India ACC business results