ACC Ltd. reported its Q2 FY25 results, showing a mixed performance with a decline in net profit both quarter-on-quarter (QoQ) and year-on-year (YoY), despite slight revenue growth YoY.
Key Highlights:
- Revenue:
- ₹4,613.52 crore, down from ₹5,154.89 crore in Q1 FY25 (QoQ)
- ₹4,613.52 crore, up from ₹4,434.73 crore in Q2 FY24 (YoY)
- Net Profit:
- ₹199.70 crore, down from ₹359.74 crore in Q1 FY25 (QoQ)
- ₹199.70 crore, down from ₹387.88 crore in Q2 FY24 (YoY)
The company’s revenue for the quarter saw a 4% year-on-year increase, rising to ₹4,613.52 crore compared to ₹4,434.73 crore in the same period last year. However, revenue dipped significantly quarter-on-quarter, declining by 10.5% from ₹5,154.89 crore in Q1 FY25.
On the profitability front, ACC reported a net profit of ₹199.70 crore, marking a sharp decline both QoQ and YoY. The company’s net profit decreased by 44.5% compared to the previous quarter and 48.5% compared to the same quarter last year.
Despite the revenue growth YoY, higher costs and margin pressures may have contributed to the significant decline in net profit.
