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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
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ACC Cement Posts Rs 538 Crore Net Profit, Up 375% Year-On-Year
Cement maker ACC, which is one of the largest cement and building makers in India, today reported a "robust" third financial quarter ending December (Q3) in the financial year 2023-2024.
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ACC Quarterly Revenue Rises 8.23% Year-On-Year To Rs 4,791 Crore
Cement maker ACC Ltd on Thursday reported a decline of 40.53 per cent in its consolidated net profit at Rs 235.66 crore for the quarter ending March 2023.
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Gautam Adani Says Plan To Become Most Profitable Cement Maker
Days after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country.
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Sensex, Nifty Close At Record Highs As Markets Extend Gains To Third Day
Domestic stock markets extended their gains to the third straight session, with Sensex and Nifty posting record closing highs on Tuesday. National Stock Exchange (NSE) benchmark index Nifty advanced 49 points, or 0.45 per cent, to end at a record closing high of 11,134 while the BSE Sensex rose 106 points to settle at 36,825. This marked the second...
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Trading Calls: Buy Mahindra & Mahindra, Voltas, Cadila, Say Experts
The Indian stock markets are trading in a narrow band wherein the Nifty is moving in tight range of 9,360 on the upside and 9,270 on the downside.
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ACC Rallies 8% On Better-Than-Expected Volume Growth In Q1
Shares of India's leading manufacturer of cement and ready mixed concrete, ACC rallied as much as 7.86 per cent to hit fresh 52-week high of Rs 1,614.40.
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ACC March Quarter Profit Beats Estimates On Higher Cement Sales Volume
Sales volume at the company's cement segment rose 4 per cent in the quarter as impact from government's move to withdraw high-denomination notes declined, the company said.
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Penalty On Cement Players Credit Neutral: India Ratings
The Competition Commission of India's penalty of over Rs 6,700 crore on 11 cement companies amounts to 20-75 per cent of the players' 2015-16 operating profits, however, the move is credit neutral due to their low leverage levels, India Ratings and Research said on Thursday.
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Ambuja Cements, ACC Gain On Cabinet Nod For Holcim Deal
Shares of Ambuja Cements and ACC gained as much as 2 per cent on Thursday after the Cabinet approved Ambuja Cements' proposal to buy 24 per cent stake in its holding company Holcim India.
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ACC Q4 Net Profit Falls 4% to Rs 227 Crore
Cement maker ACC on Thursday reported a 4 per cent decline in its consolidated net profit at Rs 226.95 crore for the March quarter.
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ACC Net Down 69% at Rs 102 Crore in Q4
Cement maker ACC on Wednesday reported a sharp decline of 69 per cent in consolidated net profit at Rs 102.39 crore for the quarter ended December 31, 2015 despite increase in total income.
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ACC Q3 Net Down 40%, Says Economic Revival Slower Than Expected
Cement maker ACC today reported a drop of 40 per cent in its consolidated net profit at Rs 115.21 crore for the quarter ended September 30, hit by sales decline as well as subdued prices.
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ACC Shares Tumble as Q2 Profit Slumps 46%
ACC shares fell 3.5 per cent on Monday following the cement maker reported a 46 per cent year-on-year drop in net profit between April to June 2015. ACC was top Nifty loser on Monday.
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ACC Posts 45% Drop in Q2 Profit
Cement major ACC on Friday reported a 45 per cent fall in consolidated net profit at Rs 133.5 crore for the second quarter that ended on June 30, 2015, on account of challenging market conditions and subdued demand.
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Adani Group's ACC Limited Logs Highest-Ever Annualised Profit At Rs 2,337 Crore In FY 2024
ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax (PAT) at Rs 2,337 crore in FY24, up a staggering 378 per cent (year-on-year).
-
ACC Cement Posts Rs 538 Crore Net Profit, Up 375% Year-On-Year
Cement maker ACC, which is one of the largest cement and building makers in India, today reported a "robust" third financial quarter ending December (Q3) in the financial year 2023-2024.
-
ACC Quarterly Revenue Rises 8.23% Year-On-Year To Rs 4,791 Crore
Cement maker ACC Ltd on Thursday reported a decline of 40.53 per cent in its consolidated net profit at Rs 235.66 crore for the quarter ending March 2023.
-
Gautam Adani Says Plan To Become Most Profitable Cement Maker
Days after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country.
-
Sensex, Nifty Close At Record Highs As Markets Extend Gains To Third Day
Domestic stock markets extended their gains to the third straight session, with Sensex and Nifty posting record closing highs on Tuesday. National Stock Exchange (NSE) benchmark index Nifty advanced 49 points, or 0.45 per cent, to end at a record closing high of 11,134 while the BSE Sensex rose 106 points to settle at 36,825. This marked the second...
-
Trading Calls: Buy Mahindra & Mahindra, Voltas, Cadila, Say Experts
The Indian stock markets are trading in a narrow band wherein the Nifty is moving in tight range of 9,360 on the upside and 9,270 on the downside.
-
ACC Rallies 8% On Better-Than-Expected Volume Growth In Q1
Shares of India's leading manufacturer of cement and ready mixed concrete, ACC rallied as much as 7.86 per cent to hit fresh 52-week high of Rs 1,614.40.
-
ACC March Quarter Profit Beats Estimates On Higher Cement Sales Volume
Sales volume at the company's cement segment rose 4 per cent in the quarter as impact from government's move to withdraw high-denomination notes declined, the company said.
-
Penalty On Cement Players Credit Neutral: India Ratings
The Competition Commission of India's penalty of over Rs 6,700 crore on 11 cement companies amounts to 20-75 per cent of the players' 2015-16 operating profits, however, the move is credit neutral due to their low leverage levels, India Ratings and Research said on Thursday.
-
Ambuja Cements, ACC Gain On Cabinet Nod For Holcim Deal
Shares of Ambuja Cements and ACC gained as much as 2 per cent on Thursday after the Cabinet approved Ambuja Cements' proposal to buy 24 per cent stake in its holding company Holcim India.
-
ACC Q4 Net Profit Falls 4% to Rs 227 Crore
Cement maker ACC on Thursday reported a 4 per cent decline in its consolidated net profit at Rs 226.95 crore for the March quarter.
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ACC Net Down 69% at Rs 102 Crore in Q4
Cement maker ACC on Wednesday reported a sharp decline of 69 per cent in consolidated net profit at Rs 102.39 crore for the quarter ended December 31, 2015 despite increase in total income.
-
ACC Q3 Net Down 40%, Says Economic Revival Slower Than Expected
Cement maker ACC today reported a drop of 40 per cent in its consolidated net profit at Rs 115.21 crore for the quarter ended September 30, hit by sales decline as well as subdued prices.
-
ACC Shares Tumble as Q2 Profit Slumps 46%
ACC shares fell 3.5 per cent on Monday following the cement maker reported a 46 per cent year-on-year drop in net profit between April to June 2015. ACC was top Nifty loser on Monday.
-
ACC Posts 45% Drop in Q2 Profit
Cement major ACC on Friday reported a 45 per cent fall in consolidated net profit at Rs 133.5 crore for the second quarter that ended on June 30, 2015, on account of challenging market conditions and subdued demand.
