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The company posted a 10% YoY topline growth for the quarter, with domestic revenue rising by 10.5%. The board declared an interim dividend of Rs 24 per share, with a record date of November 4.
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A Florida teenager, Sewell Setzer III, committed suicide after interacting with an AI chatbot named Daenerys Targaryen on Character.AI. The boys mother has filed a lawsuit against the company, accusing it of contributing to her son's death. The company has since introduced new safety features to prevent similar incidents.
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ACC Ltd reported a 48% YoY decline in net profit for Q2, standing at Rs 200 crore, while revenue rose by 4% to Rs 4,614 crore. The growth was driven by higher trade sales volumes and premium products, coupled with increased operational efficiencies and cost optimizations.
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