business
Will not be able to pass on cost hikes to consumers: ACC
Cement manufacturer ACC reported a 6% dip in profit after tax (PAT) at Rs 328 crore for the quarter-ended June 2011. The EBITDA margins came in at 21.6% compared to 25.5% year-on-year. Speaking exclusively to CNBC-TV18, CFO Sunil Nayak said, the dip in EBITDA was due to higher raw material prices and power supply issues.
first published: Aug 4, 2011 12:21 pm