ACC has reported a drop in PAT by 9% (Y-o-Y basis). The financials reported in its press release are as follows
The company has reported growth is sales volume by 3.8% (Y-o-Y) in Q1CY17, mainly on account of customer excellence initiatives and capacity expansions at Jamul and Sindri plants. The company’s capacity utilization stands at 81% for Q1CY17.
ACC has also launched two specialized products – ACC Suraksha and ACC HPC, during this quarter. It has also reported growth of premium cement products volume by 16% Y-o-Y.
