Reuters
27 Oct 2026, 10:14 UTC · 1h ago
India's ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales
Impact · against what's priced in
ACC faces a significant downward revision in earnings expectations following a 91% plunge in quarterly profit driven by fuel costs and weak sales. While a one-time severance charge provides a minor floor for future results, the underlying margin compression is a negative catalyst.
- ACC−0.80
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- In context
The 91% collapse in quarterly profit, driven by the combination of weaker cement sales and rising fuel costs, signals a deterioration in operational efficiency and revenue growth.
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