At 10:35 am, the shares of ACC were trading at Rs 1,892.55, greater by 1.20 percent, on the BSE.ACC shares rose more than 1 per cent on the BSE after the nation's leading cement manufacturer reported a dive in net earnings in the quarter ended March 2021.
Post market hours on Monday, ACC reported a net revenue of Rs 563 crore in the quarter ended March 2021, an increase of 74 percent from Rs 323 crore throughout the exact same quarter in 2015.
At 10:35 am, the shares of ACC were trading at Rs 1,892.55, higher by 1.20 percent, on the BSE.ACC's revenue from sales rose 23 per cent to Rs 4,213 crore against Rs 3,433 crore in the year-ago duration.
The cement major registered sales volume of 6.97 million tonnes during the quarter compared with 6.56 million tonnes in the very same quarter last year.The business's operating earnings or earnings before interest, tax, devaluation and amortization (EBITDA) leapt 47 percent to Rs 860 crore and operating earnings margin or EBITDA margin enhanced by 330 basis indicate 20.4 percent from 17.1 percent in the year ago period.The BSE Sensex was trading at 48,276.25, greater by 326.15 points or 0.70 percent and the NSE Nifty was at 14,443.20, up 104.25 points or 0.73 per cent at the time.