ACC Ltd has announced the following Unaudited results for the quarter ended March 31, 2008:

The Company has posted a net profit of Rs 3575.40 million for the quarter ended March 31, 2008 where as the same was at Rs 3556.50 million for the quarter ended March 31, 2007. Total Income is Rs 18613.70 million for the quarter ended March 31, 2008 where as the same was at Rs 17284.60 million for the quarter ended March 31, 2007.

With effect from January 01, 2008 the Company transferred its Ready-Mix Concrete business to its wholly-owned subsidiary- ACC Concrete Ltd. - for a consideration of Rs 100 crore, which is subject to adjustment on finalisation of the net assets transferred. Consequent to the transfer of this business, the Company has only a single segment comprising its cement operations. Further, the results for the quarter are not strictly comparable with those of the corresponding previous period.