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ACC Net Profit Falls 92% to ₹93 Crore in September Quarter

ACC reported net profit of ₹93 crore, down from ₹1,119 crore a year earlier, citing higher costs and lower sales. The year-ago profit included a ₹659 crore income-tax provision reversal.

ACC

ACC, an Adani Group company, reported a 92 per cent fall in its September quarter net profit to ₹93 crore from the ₹1,119 crore it reported in the year-ago period, on higher costs and lower sales.The year-ago profit included an income-tax provision reversal of ₹659 crore, said the company.Revenue f…