Action Construction Equipment (ACE) disclosed a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 3.26 times to Rs 26 million from Rs 7.97 million in the same quarter last year. Net sales for the quarter declined 6.88 per cent to Rs 1,470.88 million, compared with Rs 1,579.49 million for the prior year period.