ACC Q1 results: At Rs 396.33 cr, consolidated PAT up 41% sequentially for March quarter; total revenues up nearly 5%

ACC Q1 results 2022: ACC today reported a consolidated net profit of Rs 396.33 cr for the quarter ended 31 March 2022 which was down 31% year-on-year. However, the Profit After Tax (PAT) was up over 41 per cent sequentially versus the Rs 280.85 cr reported in the preceding quarter

Consolidated total revenues from operations stood at Rs 4485 cr for the reporting quarter, up from Rs 4279.64 cr for reported in the December quarter. Source: Reuters

ACC Q1 results 2022: ACC Ltd today reported a consolidated net profit of Rs 396.33 cr for the quarter ended 31 March 2022 which was down 31 per cent year-on-year. However, the Profit After Tax (PAT) was up over 41 per cent sequentially versus the Rs 280.85 cr reported in the preceding quarter, according to company’s filing to the exchanges.

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Meanwhile, the consolidated total revenues from operations stood at Rs 4485 cr for the reporting quarter, up from Rs 4279.64 cr for reported in the December quarter. Revenues were up almost 4.8 per cent on the Quarter-on-Quarter (QoQ) basis. On the YoY basis, total revenues were up over 3 per cent.

The result was announced after market hours.

Today the shares of ACC ended at Rs 2040 on the NSE and were down by almost Rs 115 or 5 per cent from the previous closing price of Monday.

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