ACC Q4 results: Net profit fell by 40.5%

One of India’s major cement makers- ACC ltd released its quarter 4 earnings. ACC doesn’t follow the conventional April- march financial year. It rather follows a much simpler January-December financial year. ACC earned ₹ 280.85 cr as net profit in the fourth quarter. It suffered a loss of 40.5% as it earned ₹ 472.44 cr in the same quarter of its previous fiscal year. After the earnings of Q4 were declared, shares of ACC closed at ₹ 2,310.05 on the Bombay Stock Exchange. ACC’s total revenue from operations increased by 1.95% as it earned 4,225.76 cr. in this quarter.It earned 4,144.72 cr in its last Q4.