ACC's net profit falls 28.9% in September quarter
Cement maker ACC's consolidated net profit fell 28.9% from a year ago to stand at ₹81.97 crore for the September quarter. The company's net sales for the quarter declined by 9.8% year-on-year to ₹2,472.81 crore. The company said the fall in revenue was due to higher rainfall during the quarter but it expects good demand in the coming months.