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ACE Profit Surges 22% on Strong Sales Growth
20 Jul
Summary
- ACE's net profit climbed 22.28% to Rs 119.49 crore in June 2026 quarter.
- Sales increased by 20.49% to Rs 785.68 crore in the same period.
- Operating profit margin saw a slight increase to 15.00%.
Action Construction Equipment (ACE) has announced strong financial results for the quarter ending June 2026. The company's net profit experienced a substantial increase of 22.28%, reaching Rs 119.49 crore. This marks a significant improvement from the Rs 97.72 crore profit reported in the corresponding quarter of the previous year.
Driving this profitability was a notable rise in sales, which grew by 20.49% year-on-year. Sales for the June 2026 quarter amounted to Rs 785.68 crore, up from Rs 652.08 crore in the June 2025 quarter. The company also saw its operating profit margin expand to 15.00% from 14.24% in the previous year.
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