Shares of Adani-owned ACC shares are in focus as company recently posted Q1 results for fiscal year 2025.
ACC Reports 22.5% Drop in Q1 Net Profit
– Net profit decreased to Rs 361 crore
– Revenue from operations at Rs 5,154.89 crore
– Operating EBITDA stood at Rs 679 crore with a margin of 13.2%
Financial Highlights:
ACC, a leading cement manufacturer owned by the Adani Group, announced its Q1 results for the financial year 2024-2025.
Here are the main financial highlights:
– Net Profit: ACC’s consolidated net profit after tax fell by 22.5%, amounting to Rs 361 crore. This is a significant decrease compared to Rs 466 crore reported in the same quarter of the previous year.
– Revenue: The company’s revenue from operations slightly declined to Rs 5,154.89 crore from Rs 5,201.11 crore in the corresponding quarter last year.
– Operating EBITDA & Margins:*The operating EBITDA for the quarter was Rs 679 crore, with a margin of 13.2%.
– Cost Efficiency: ACC reported an improvement in operating costs, which reduced by 7% year-on-year to Rs 4,377 per metric ton (PMT). The company’s cash and cash equivalents stood at Rs 2,747 crore.
Metric |
Q1 FY 2024-25 |
Q1 FY 2023-24 |
Change (%) |
Net Profit (Rs crore) | 361 | 466 | -22.5 |
Revenue (Rs crore) | 5,154.89 | 5,201.11 | -0.9 |
Management Commentary:
Ajay Kapur, CEO of the Cement Business at Adani Group, commented on the results: “ACC’s performance strengthens our drive to consistently stay a frontrunner in the industry. Our performance this quarter exemplifies our efficiency and agility. Our strategic decisions, customer-centric approach, and operational excellence continue to drive growth. As we move forward, we remain committed to delivering value to our stakeholders in a sustainable manner.”
Market Reaction
Shares of ACC are trading at ₹2,607.95 on NSE.