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What is ACC Q3CY10 Results: Revenue Decline about?

- ACC reported substantially lower than expected results for Q3CY10, with net revenues declining 15.8% year-over-year due to lower dispatches and realizations. EBITDA margin contracted sharply by 2200 basis points to 13.1% due to higher raw material and other costs. - Net profit declined 77% compared to the previous year due to the steep fall in revenues and margins. However, the analyst believes performance will improve going forward due to expected rise in cement prices and volume growth from increased c

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shahviralb

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EN