ACC announced a marginal decline in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company declined 6.97% to Rs 2,410.20 million from Rs 2,590.90 million in the same quarter previous year.
Net sales for the quarter rose 7.50% to Rs 30,595.40 million, compared with Rs 28,461 million for the prior year period.
Earnings per share for the quarter stood at Rs 12.81, registering 6.97% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 14 | Jun - 13 | %Change |
| Net Sales | 30,595.40 | 28,461.40 | 7.50 |
| Net Profit | 2,410.20 | 2,590.90 | (6.97) |
| Basic EPS | 12.81 | 13.77 | (6.97) |
Shares of the company declined Rs 5.8, or 0.4%, to trade at Rs 1,449.00. The total volume of shares traded was 14,105 at the BSE (1.34 p.m., Thursday).
