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VERIFIEDET Stocks·negative
ACC Q1 results: Profit falls 61% YoY to Rs 147 crore as revenue, volumes decline
AI Summary
- ·ACC's profit declined 61% year-on-year to Rs 147 crore in the June quarter.
- ·The decline was attributed to lower cement volumes, weaker operating margins, and planned maintenance.
- ·Revenue also fell, despite improvements in trade sales and a higher premium product mix.