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ACC Reports Rs 87 Crore Loss In September Quarter
Net loss in third quarter stood at Rs 87.32 crore, compared with a profit of Rs 450.21 crore a year ago, ACC said in a BSE filing.
17 Oct 2022, 03:10 PM IST 
The Cement House, headquarters of ACC Ltd. in South Mumbai. (Photo: Company website)
Cement maker ACC Ltd. on Monday swung into a consolidated net loss in the third quarter ended September.
The net loss for the quarter stood at Rs 87.32 crore, compared with a profit of Rs 450.21 crore in the same quarter a year ago, ACC said in a BSE filing.
The company, which follows January-December financial year, saw total revenue from operations during the quarter under review at Rs 4,057.08 crore as against Rs 3,812.31 crore in the year-ago period.
ACC, now owned by Asia's richest man Gautam Adani-led Adani Group, posted total expenses of Rs 4,162.13 crore in July-September 2022.
Disclaimer: Adani Enterprises is in the process of acquiring a 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.