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via thehindubusinessline.comBusiness & Companies

ACC net profit plunges 92% to ₹93 crore on higher costs and lower sales

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

ACC nets 92% fall to ₹93 crore in Q2 on higher costs, lower sales; revenue down 5% to ₹5,666 crore amid MSA impact with Ambuja.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWeak quarterly results for a cement company, relevant for the sector and for Ambuja.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ACC net profit fell 92% to ₹93 crore in Q2.
  2. 02Revenue dropped 5% to ₹5,666 crore.
  3. 03The MSA impact with Ambuja weighed on results.

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