India`s ACC reports surprise quarterly loss on higher expenses
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/10/a20bd3363e907a9c5b5cefb732f77929.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Indian cement maker ACC Ltd on Monday reported a surprise loss for the September-quarter, hurt by higher fuel and power expenses.
The company's standalone loss was 910.9 million Indian rupees ($11.05 million) for the three months ended Sept. 30, compared with a profit of 4.49 billion rupees a year ago.
Analysts on average had expected the company to report a profit of 1.33 billion rupees for the latest quarter, according to IBES data from Refinitiv. ($1 = 82.4025 Indian rupees)
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)