{"id":572480,"date":"2023-04-28T09:29:56","date_gmt":"2023-04-28T03:59:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=572480"},"modified":"2023-04-28T10:11:40","modified_gmt":"2023-04-28T04:41:40","slug":"acc-q4-results-profit-falls-40-due-to-high-energy-costs-revenue-up-8-1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/acc-q4-results-profit-falls-40-due-to-high-energy-costs-revenue-up-8-1\/","title":{"rendered":"ACC Q4 results: Profit falls 40% due to high energy costs, revenue up 8.1%"},"content":{"rendered":"<p>ACC, a subsidiary of Ambuja Cement, today reported net income for the January-March quarter that missed the average analyst estimates. The company&#8217;s net income declined to Rs 237 crore &#8212; a fall of 39.5 per cent on a year-on-year basis. <\/p>\n<p>The revenue was up 8.1 per cent to Rs 4,790 crore year-on year basis. Total costs was Rs 4,510 crore, up 13.9 per cent due to high energy costs.<\/p>\n<p>ACC, now a part of the Adani Group, has changed its financial year to April-March from January-December followed previously. The company was taken over by the Adani group in May last year.  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ACC, a subsidiary of Ambuja Cement, today reported net income for the January-March quarter that missed the average analyst estimates. The company&#8217;s net income declined to Rs 237 crore &#8212; a fall of 39.5 per cent on a year-on-year basis. The revenue was up 8.1 per cent to Rs 4,790 crore year-on year basis. Total costs was Rs 4,510 crore, up 13.9 per cent due to high energy costs. ACC, now a part of the Adani Group, has changed its financial year to April-March from January-December followed previously. The company was taken over by the Adani group in May last [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-572480","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=572480"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572480\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=572480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=572480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=572480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}