ACC Q4 profit declines 20.4% to ₹751 crore, revenue up 12.7% to ₹5,991 crore
Cement maker ACC Ltd on Wednesday (April 23, 2025) reported a 20.4% decline in consolidated net profit to ₹751.04 crore during the March quarter.
The company had posted a profit of ₹943.39 crore in the year-ago period, according to a regulatory filing from ACC, which is now a part of Adani Cement.
Its revenue from operations was at ₹5,991.67 crore, up 12.7% in the March quarter. It was at ₹5,316.75 crore in the corresponding period a year ago.
ACC's total expenses in the March quarter were at ₹5,514,82 crore, up 13.11%.
During the March quarter, ACC's revenue from the cement business was at ₹5,685.53 crore, up 11.14%.
During the quarter, ACC reported a sales volume of 11.9 million tonnes, reporting a growth of 14%, which, according to the Adani group firm is the "highest-ever sales volume in a quarter" for the company.
Similarly, its revenue from ready mix concrete was at ₹419.92 crore, up 32.12% in the March quarter.
The total income of ACC, which includes other income, was at ₹6,066.52 crore, up 12% in the March quarter of FY25. According to the company, this is the "highest-ever quarterly revenue".
For the financial year ended on March 31, 2025, ACC's net profit was at ₹2,402.27 crore, up 2.87%.
Similarly, in FY25, ACC's total income was at ₹22,834.74 crore, up 11.65%. It was at ₹20,451.77 crore a year before.
Commenting on results, Whole-Time Director & CEO Vinod Bahety said, "This year has been marked by strategic milestones that reinforce our position as a leader in the Indian cement industry. Our capacity expansion initiatives, including the commissioning of new grinding units supported by debottlenecking and modernisation, are aligned with growing infrastructure and booming demand of the nation."
The board of ACC has approved a dividend of ₹7.50 per equity share having a face value of ₹10 each fully paid-up for 2024-25, which, according to the company, is in the context of the ongoing capex and growth plans.
Over the outlook, ACC said, "The growth is anticipated to range of 7-8% for the coming fiscal, driven by ongoing consumption demand in the housing and infrastructure segments, as well as the favourable impact of the pro-infra and housing Budget 2025."
Cement consumption grew 8% during Q4 FY25, marginally higher as compared to 7% in the previous quarter. The increase in demand was driven by a pick-up in construction activities, improvement in rural demand, traction in the real estate sector, and increased government spending on infrastructure and construction activities.
"As per the growth trends observed in Q3 and Q4 FY25, it is projected that cement demand during FY26 will continue to benefit from the momentum gained by government spending on infrastructure and construction activities," it said.
Shares of ACC Ltd on Wednesday settled at ₹2,068 on the BSE, up 0.79% from the previous close.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
First Post
20 minutes ago
- First Post
PM Modi calls for stronger India-Cyprus ties in trade, tech and security
Prime Minister Narendra Modi said India was looking forward to deepening its friendship with Cyprus as he arrived here for a two day visit during which he will hold talks with President Nikos Christodoulides to expand ties in areas including trade, investment, security and technology. read more Prime Minister Narendra Modi said on Sunday that India was looking forward to strengthening its friendship with Cyprus as he began a two-day official visit to the Mediterranean nation. During the trip, Modi is scheduled to meet with Cypriot President Nikos Christodoulides to enhance cooperation in trade, investment, security and technology. In a special gesture, President Christodoulides personally welcomed Modi at Larnaca International Airport. This marks the first visit by an Indian prime minister to Cyprus in more than 20 years. STORY CONTINUES BELOW THIS AD 'India looks forward to deepening friendship with Cyprus,' Modi said in a post on X. Modi arrived here on the first leg of his three-nation tour. 'Landed in Cyprus. My gratitude to the President of Cyprus, Mr. Nikos Christodoulides for the special gesture of welcoming me at the airport. This visit will add significant momentum to India-Cyprus relations, especially in areas like trade, investment and more,' Modi posted on X. Landed in Cyprus. My gratitude to the President of Cyprus, Mr. Nikos Christodoulides for the special gesture of welcoming me at the airport. This visit will add significant momentum to India-Cyprus relations, especially in areas like trade, investment and more.@Christodulides — Narendra Modi (@narendramodi) June 15, 2025 The Cypriot president, welcoming PM Modi, said it is a 'historic visit' and a 'new chapter in a strategic partnership that knows no limits'. 'Welcome to Cyprus Prime Minister @narendramodi! Here, at the EU's southeastern frontier and gateway of the Mediterranean. A historic visit. A new chapter in a strategic partnership that knows no limits. We make a promise to advance, transform, prosper more. Together,' he posted on X. STORY CONTINUES BELOW THIS AD Ministry of External Affairs spokesman Randhir Jaiswal said that the two sides will hold extensive discussions to further deepen bilateral ties. 'A trusted partnership underpinned by shared values & aspirations. PM @narendramodi has landed in Cyprus. As a special gesture, reflecting deep-rooted historic ties, President @Christodulides and FM @ckombos received PM on arrival at the airport,' Jaiswal said on X. Upon his arrival at the hotel, Prime Minister Modi was greeted by the members of the Indian diaspora who chanted 'Vande Mataram' and 'Bharat Mata Ki Jai'. Sharing photos of his meeting with the members of the Indian diaspora on X, Modi said, 'I thank the Indian community for the affection. India will keep working to deepen ties with Cyprus in the times to come.' Modi later attended a business event along with President Christodoulides where ideas about how to strengthen bilateral partnership in new areas were discussed. I thank the Indian community for the affection. India will keep working to deepen ties with Cyprus in the times to come. — Narendra Modi (@narendramodi) June 15, 2025 STORY CONTINUES BELOW THIS AD Separately, External Affairs Minister S Jaishankar met with his Cypriot counterpart Constantinos Kombos on his arrival at Larnaca International Airport. 'Delighted to meet FM @ckombos of Cyprus on my arrival at Larnaca. Confident that PM @narendramodi's visit to Cyprus will deepen our longstanding bilateral ties and the India-EU partnership,' Jaishankar posted on X. In his departure statement in New Delhi earlier, Modi said Cyprus is a close friend and an important partner in the Mediterranean region and the EU. 'The visit provides an opportunity to build upon the historical bonds and expand our ties in the areas of trade, investment, security, technology and promote people-to-people exchanges,' he said. While in Nicosia, the prime minister will hold talks with President Christodoulides and address business leaders at Limassol, it said. From Cyprus, he will head to Kananaskis in Canada to participate in the G7 Summit at the invitation of Canadian Prime Minister Mark Carney. STORY CONTINUES BELOW THIS AD Following the G7 Summit, Modi will visit Croatia and hold meetings with President Zoran Milanovic and Prime Minister Andrej Plenkovic. Modi said his three-nation tour is also an opportunity to thank partner countries for their steadfast support to India in its fight against cross-border terrorism and to galvanise global understanding on tackling terrorism in all its forms and manifestations. With inputs from agencies
&w=3840&q=100)
Business Standard
33 minutes ago
- Business Standard
Working with other Tata group firms to assist crash victims' kin: Air India
The solemn process of handing over the mortal remains of the 241 passengers and crew members killed in the Air India crash is currently underway, the airline said on Sunday. Over 400 family members of the deceased have gathered in Ahmedabad, where the airline has stationed teams to assist them. 'Every affected family in Ahmedabad has been assigned at least one caregiver by Air India,' the airline said in a statement posted on X on Sunday evening, adding that it was coordinating with Tata Group companies and government authorities to support the bereaved and facilitate repatriation where required. Air India reiterated that its priority remains extending assistance to the families. 'We have established contact with the next of kin/relatives of all passengers and crew members… Over 400 family members have reached Ahmedabad and are being assisted by our teams on the ground,' it said. The airline also acknowledged the contribution of multiple government agencies and hospital staff in Ahmedabad. 'We extend our profound gratitude to the Central and State Governments for their unwavering and exceptional support… and our heartfelt appreciation to the faculty, staff, students, and associates of Civil Hospital and Rajasthan Hospital in Ahmedabad for their tireless efforts,' it noted. The crash of Flight AI171, operating a Boeing 787 Dreamliner from Ahmedabad to London, occurred on Thursday afternoon shortly after take-off. It is one of the deadliest accidents involving an Indian carrier in the last few decades. The airline said it remains 'fully cooperative' with the ongoing investigation and will continue to share updates as verified information becomes available. Friends and Relatives Assistance Centres remain functional at Ahmedabad and Mumbai airports, and Air India has also provided hotline numbers for those seeking information. On Saturday, Air India announced an interim financial assistance of ₹25 lakh (approximately £21,000) for each family of the deceased and the lone survivor. This is in addition to the ₹1 crore (approximately £85,000) financial support announced earlier by Tata Sons. Meanwhile, the airline is conducting one-time safety checks on its entire Boeing 787 fleet as mandated by the Directorate General of Civil Aviation (DGCA). These checks are being performed as the aircraft return to India and are cleared for their next operations. 'Nine of the Boeing 787 aircraft have been checked so far. We are on track to complete the process for the remaining 24 aircraft within the regulator's timeline,' the airline said on Saturday evening. It warned that some of the checks may cause longer turnaround times and potential delays, especially on long-haul routes to airports with curfews. A high-level, multidisciplinary committee led by Union Home Secretary Govind Mohan was constituted on Friday to conduct a comprehensive review of the AI171 crash. The committee includes senior officials from the Ministry of Civil Aviation, Ministry of Home Affairs, Gujarat state government, Indian Air Force, Intelligence Bureau, Directorate General of Civil Aviation (DGCA) and Bureau of Civil Aviation Security (BCAS). Unlike the technical probe being carried out by the Aircraft Accident Investigation Bureau (AAIB), this panel is expected to take a holistic view, examining standard operating procedures, safety regulations and emergency response coordination across central and state agencies. It will also liaise with international investigative bodies as needed.
India Gazette
38 minutes ago
- India Gazette
PM Modi receives warm welcome from Indian diaspora in Cyprus
Limassol [Cyprus], June 15 (ANI): Prime Minister Narendra Modi on Sunday received a heartfelt welcome from the Indian diaspora in Limassol, as he arrived in Cyprus as part of his three-nation tour. PM Modi was seen being greeted by the diaspora with bouquets as he arrived at his hotel and the Prime Minister also engaged with the diaspora, exchanging greetings and acknowledging their support. It is the first-ever visit by an Indian PM to the Mediterranean nation. His arrival is being described as a historic moment by both Indian and Cypriot diplomatic sources. PM Modi, accompanied by a large delegation of around 100 officials, is visiting Cyprus at the invitation of President Nicos Christodoulides. Earlier, PM Modi was received with a ceremonial welcome at Larnaca International Airport by the President Christodoulides. 'Landed in Cyprus. My gratitude to the President of Cyprus, Mr. Nikos Christodoulides for the special gesture of welcoming me at the airport. This visit will add significant momentum to India-Cyprus relations, especially in areas like trade, investment and more,' PM Modi said in a post on X. During the visit, Prime Minister Modi is scheduled to hold delegation-level talks with the President of Cyprus. Key issues on the agenda include expanding cooperation in trade and investment, IT and innovation, defence, shipping, renewable energy, and people-to-people ties. Both leaders are also expected to exchange views on global and regional developments, including maritime security and the situation in West Asia. Ahead of his arrival, the Indian diaspora in Cyprus was brimming with excitement at PM Modi's much-anticipated visit. India and Cyprus have traditionally enjoyed strong diplomatic relations since the establishment of ties in 1962. Cyprus has consistently supported India's position on Kashmir and other key issues at international platforms, including the United Nations. Apart from official meetings, Prime Minister Modi is also expected to address and interact with members of the Indian diaspora in Cyprus. Although small in number, the Indian community plays a vital role in local education, healthcare, and business sectors. (ANI)
