ACC shares in focus as company reports 22.5% drop in Q1 net profit

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

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– 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.