Cement manufacturer ACC, which was recently bought by the Adani group together with Ambuja Cement in a $10.5 billion deal, announced a 60 per cent YoY fall in consolidated profit after tax (PAT) to Rs.2.27 billion for the quarter ended June 30, 2022. According to its financial figures, consolidated PAT amounted to `5.69 billion in the same time the previous year. For the quarter under review, Bloomberg consensus forecasts put net profit at `2.96 billion and sales at `43.9 billion in the previous quarter, as per reports.
Contact: ACC
Website: www.acclimited.com
