When a company purchases an asset it does not expect the asset to retain its current value forever. Instead, the company expects the asset to depreciate, or loose some of its value over time.

Higher freight and input cost dented ACC's Q1 FY13 profit by 57% to Rs 151 crore year-on-year. However, sales of the company rose 18% to Rs 3110 crore as average realization also went up 9% y-o-y. The ...

ACC Ltd. Annual stock financials by MarketWatch. View the latest ACC financial statements, income statements and financial ratios.

Cement manufacturer ACC Ltd said on Monday its profit after tax rose by 74 per cent to ₹563 crore in the January to March quarter as compared to ₹323 crore in the same quarter of previous fiscal. The ...

A decision to change with retrospective effect, the method of providing for depreciation on captive power plants, has resulted in virtual halving of the net profit of ACC Ltd in the first quarter of ...

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