Total income stood at Rs 484.09 crore, up 46.76 per cent from Rs 329.85 crore in the year-ago quarter
ACC is a largecap company operating in cement sector.
Analysts in an ET NOW poll had projected a profit of Rs 3,201 crore.
Buy Britannia Industries Ltd. at a price target of Rs 2900.0 and a stoploss at Rs 2635 from entry point.
PMSes cater to wealthy investors with portfolio sizes exceeding Rs 25 lakh.
Brokerages have shown faith in the stock and are largely positive on the prospects of the bank.
Domestic benchmark index NSE Nifty was trading 0.25 points up at 11,279.15.
The board of the company also recommended a final dividend aggregating Rs 341.03 crore
The leading multiplex major has registered one of the highest jump in its quarterly revenues.
The Nifty IT index was trading 0.74 per cent up at 16,066.95 around 10:09 am.
There was broad-based profitbooking across sectors and stocks on the back of US-China trade concerns.
"Restructuring in retail business will have an impact on FMCG growth."