ACC has recorded a net profit after tax of Rs. 13bn for the period January - December 2011 as against Rs. 10.77bn in the previous year.
Key announcements by the company for the year 2012:
Increase in consolidated sales turnover by 21 percent to Rs. 100.12bn
Board of Directors recommended a final dividend of Rs. 17 per share in the year 2011 amounting to Rs. 370.95 crores
Total dividend by the company sums up to Rs. 28/- per share amounting to Rs. 610.97 crores which includes interim dividend of Rs. 11/- per share.
Profitability was affected by steep escalations in the cost of major inputs like coal, gypsum and fly ash
ACC expects the economic development to accelerate as India plans to invest USD 1 trillion in infrastructure in the Twelfth Five Year Plan period.