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ACC Q3 net profit up at Rs 435 cr

Published on Tue, Nov 03, 2009 at 14:46 |  Source : CNBC-TV18

Updated at Thu, Nov 05, 2009 at 11:38  

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ACC Q3 net profit up at Rs 435 cr

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ACC has announced its third quarter results. The company's Q3 net profit was up at Rs 435 crore versus Rs 283.4 crore.

Its net sales were up at Rs 1969.4 crore versus Rs 1790.9 crore.

ACC says:

Realisations a matter of how markets shape up
Missed volume story, likely to see growth in future
More bullish on cement demand~growth than consensus
Uttar Pradesh is a key market for co
Up likely to bounce back post monsoon
Next quarter likely to be strong in north India
Short supply likely if prices don't move up
Medium-term bullish on cement industry

  

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