ACC posts 9.7% rise in Q4 profit

Cement maker ACC Ltd's consolidated net profit for October-December quarter rose by 9.7 per cent to Rs 275.71 crore. The consolidated profit in 2013 remained almost flat at 1,094.67 crore as a result of lower realisations amid sluggishness in the domestic market, ACC said in a release. The second largest cement maker in the country, where an over-capacity situation has been prevailing for long time now, does not see any major...