ACC Ltd’s net profit jumps 73% to Rs 472 cr for Q4FY20
New Delhi: Cement manufacturer ACC Ltd’s consolidated net profit jumped 73 percent to Rs 472 crore for the fourth quarter of the fiscal ended 31 December 2020 as compared to Rs 273 crore in the same quarter of the previous fiscal.
The total revenue from operations of the company increased 2 percent to Rs 4,144 crore in the latest quarter as against Rs 4,060 crore in the same quarter of the previous fiscal.
Its total expenses increased marginally to Rs 3,747 crore as against Rs 3,709 crore in the year ago period, according to a regulatory filing.
The Board of the company recommended payment of a dividend of Rs 14 per equity share of Rs 10 each for the fiscal ended 31 December 2020.