ACC's net profit dips 10.87 per cent
ACC has reported a marginal dip in consolidated profit and posted a net profit of Rs 35,017.24 lakh in the Q4 FY11 of the current fiscal (FY11), ended in Mar 2011 due to higher input and transport costs. The company had recorded a net profit of Rs 39,287.90 in the corresponding quarter Q4 FY10 of the last fiscal (FY10), ended in Mar 2010. This is a dip of 10.87 per cent. The net sales increased by 14.09 per cent to Rs 255,620.96 lakh in Q4 FY11 when compared with the same quarter Q4 FY10 of previous year. Net sales was Rs 224,032.99 lakh in last year's same quarter.