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ACC June qtr net falls 26%

ACC reported an over 26 pct growth.

Three months ended June 30.

ACC Ltd,46 percent-owned by Switzerland’s Holcim,and India’s No. 2 cement producer has announced its first quarterly results.

(Versus the same period a year earlier,in billion rupees unless stated)

Net profit

3.59 vs4.86

Net sales

20.21 vs 20.81

A poll of 12 brokerages had estimated standalone net profit of 3.74 billion rupees on net sales of 20.5 billion rupees.

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