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ACC LTD. - Announces Q4 and FY11 Results, Auditors Report and Results Press Release for the quarter ended on Dec 31, 2011
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09 Feb 2012
ACC Ltd has announced the following results for the quarter and year ended December 31, 2011:&lt;br/&gt;&lt;br/&gt;The Audited results for the Quarter ended December 31, 2011&lt;br/&gt;&lt;br/&gt;The Company has posted a net profit of Rs. 4704.385 million for the quarter ended December 31, 2011 as compared to Rs. 2559.059 million for the quarter ended December 31, 2010. Total Income has increased from Rs. 21130.497 million for the quarter ended December 31, 2010 to Rs. 26009.761 million for the quarter ended December 31, 2011.&lt;br/&gt;&lt;br/&gt;The figures for the quarter ended December 31, 2010 are Unaudited.&lt;br/&gt;&lt;br/&gt;The Audited results for the year ended December 31, 2011&lt;br/&gt;&lt;br/&gt;The Company has posted a net profit of Rs. 13252.635 million for the year ended December 31, 2011 as compared to Rs. 11200.121 million for the year ended December 31, 2010. Total Income has increased from Rs. 80742.587 million for the year ended December 31, 2010 to Rs. 98522.101 million for the year ended December 31, 2011.&lt;br/&gt;&lt;br/&gt;&quot;The Consolidated Results are as follows :&lt;br/&gt;&lt;br/&gt;The Audited consolidated results for the Quarter ended December 31, 2011&lt;br/&gt;&lt;br/&gt;The Group has posted a net profit of Rs. 4632.020 million for the quarter ended December 31, 2011 where as the same was at Rs. 2488.664 million for the quarter ended December 31, 2010. Total Income is Rs. 27461.585 million for the quarter ended December 31, 2011 where as the same was at Rs. 22498.247 million for the quarter ended December 31, 2010.&lt;br/&gt;&lt;br/&gt;The Audited results for the year ended December 31, 2011&lt;br/&gt;&lt;br/&gt;The Group has posted a net profit of Rs. 13008.013 million for the year ended December 31, 2011 where as the same was at Rs. 10775.281 million for the year ended December 31, 2010. Total Income is Rs. 104284.50 million for the year ended December 31, 2011 where as the same was at Rs. 86193.794 million for the year ended December 31, 2010.&lt;br/&gt;&lt;br/&gt;The above results for the year ended December 31, 2011 are not strictly comparable with the corresponding previous year due to the following:&lt;br/&gt;&lt;br/&gt;i) 100% investment in Encore Cement and Additives Private Limited w.e.f. January 28, 2010,&lt;br/&gt;ii) 45% investment in Asian Concretes and Cements Private Limited w.e.f. April 01, 2010,&lt;br/&gt;iii) The ACC Concrete Limited, a wholly owned subsidiary of Company has acquired 40% stake in Aakaash Manufacturing Private Limited w.e.f. March 25, 2011 for a total consideration of Rs. 558.62 Lakhs, a Company engaged in manufacturing of Ready Mixed Concrete.&lt;br/&gt;&lt;br/&gt;The effect of the operations of these entities on the results is not significant.
View all announcements for ACC LTD. Source: BSE India