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India's ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales

Source: reuters.com

Corporate EarningsCompany FundamentalsCommodities & Raw Materials
India's ACC posts 91% plunge in quarterly profit on higher fuel costs, weaker sales

Adani Group-owned ACC reported that second-quarter profit fell nearly 91%. The company attributed the decline to weaker cement sales, higher fuel costs and an employee severance charge; the article text ends before details of an additional one-time item are provided.

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