 "ACC shares gain over 4% after company reported 45% jump in net profit in September quarter")
New Delhi: Shares of cement maker ACC on Wednesday jumped over 4 percent after it reported a 44.66 percent rise in consolidated net profit for the third quarter ended 30 September, 2019.
It climbed 4.07 percent to Rs 1,559.90 on the BSE. On the NSE, it gained 4.13 percent to Rs 1,560. ACC on Tuesday reported a 44.66 percent rise in consolidated net profit at Rs 302.56 crore for the third quarter ended 30 September, 2019. The company had posted a net profit of Rs 209.14 crore in the corresponding period of the previous fiscal, ACC said in a BSE filing. Consolidated net sales stood at Rs 3,464.43 crore for the period under review as against Rs 3,363.96 crore for the same period year ago.
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