ACC Standalone Net Profit Drops, Revenue Falls
ACC Ltd reported a steep drop in quarterly profitability with standalone net profit around ₹148 crore and revenue about ₹5,748 crore for Q1 FY27, reflecting cost pressures and a ₹24 crore severance charge. The board also approved acquiring a 26% stake in Amplus Andhra Power to secure captive renewable energy, signaling a strategy to curb costs and mitigate energy-related headwinds amid ongoing sector-wide softness.