India: ACC’s profit in the first quarter of the Indian 2021 fiscal year (1 April 2020 – 30 June 2020) was US$36.3m, down by 40% year-on-year from US$60.9m. Sales fell by 38% to US$338m from US$544m. This was due to a 33% fall in cement volumes to 4.80Mt from 7.16Mt and a fall in cement prices.
ACC records 40% first quarter profit drop in 2021 fiscal year
URL: https://www.globalcement.com/news/item/11110-acc-records-40-first-quarter-profit-drop-in-2021-fiscal-year
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