ACC has released its quarterly results. The company's profit has fallen by 49 percent compared to last year. EBITDA has fallen by 21 percent during this period. Margins have also slipped on a year-on-year basis. At the same time, a slight increase has been seen in income. The income figure has been better than the estimates found in the CNBC TV 18 poll. However, the company's profit, EBITDA and margin have all been below the estimates. After the results, the stock has seen a decline. With the results, the stock has slipped below the level of 2250.

How were the quarterly results?

ACC's second quarter profit has been Rs 199.7 crore, a decline of 48.5 percent compared to last year. A year ago, the company had a profit of Rs 388 crore. This profit figure has been 4.4 percent less than the estimates of CNBC TV 18. The market had estimated a profit of Rs 209 crore. On the other hand, the income in the second quarter has been Rs 4613.5 crore, a growth of 4 percent compared to last year, which was Rs 4434 crore a year ago. Income has been 8.1 percent more than estimates. The market had estimated an income of Rs 4613.5 crore. EBITDA has been Rs 436.4 crore, a decline of 20.6 percent compared to last year, which was Rs 548 crore a year ago. The market had estimated that EBITDA could be at Rs 457 crore. That is, in the results, EBITDA has been 4.5 percent below the estimates. Margins for the quarter were 9.5 percent. Margins were at 12.4 percent a year ago, while the poll had estimated margins to be 10.7 percent.