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Business Standard
5 days ago
- Business
- Business Standard
ACC Q1FY26 results: Net profit grows 4% amid increased sales volumes
Cement major ACC's consolidated profit (attributable to the owners of the company) for the first quarter of the financial year 2026 (Q1 FY26) declined by 4.4 per cent year-on-year (YoY), to Rs 375.4 crore, amid a 12 per cent growth in sales volume. The cement and clinker volume of Ambuja Cements' subsidiary stood at 11.5 million tonnes, the highest ever in the first quarter for the company. Meanwhile, trade sales volume grew by 6 per cent, and the share of premium products in trade sales stood at 41 per cent, up by 7 percentage points YoY. However, the profit missed the Bloomberg analysts' poll estimate of Rs 547 crore. The company's revenue for the quarter grew by 17.3 per cent YoY, to Rs 6,098.1 crore, amid higher trade sales volume and a higher share of premium products in trade sales. The revenue comfortably surpassed the analysts' estimate of Rs 5,718.1 crore. The company's total expenses for the quarter stood at Rs 5,594.25 crore, up 16.84 per cent YoY. Vinod Bahety, whole-time director and chief executive officer, ACC, said, 'With a purpose-driven accelerated start to the year, our performance reflects the strength of our integrated strategy—anchored in premium sales, operational excellence, cost leadership, and a deep commitment to sustainability. The consistent growth in volumes, efficiency gains, and digital transformation initiatives are enabling us to deliver greater value to our customers and stakeholders.' ACC's operating earnings before interest, taxes, depreciation, and amortisation (EBITDA) during Q1 FY26 stood at Rs 778 crore, up by 14.6 per cent. However, its operating EBITDA margin declined to 12.8 per cent in Q1 FY26 from 13.1 per cent in Q1 FY25. Sequentially, the company's revenue declined marginally by 30 basis points, but the profit dipped by 50 per cent. These results come amid an all-India quarterly cement price hike of 6 per cent during the quarter, following a low base from Q1 FY25, which was affected by general elections. According to Elara Capital, the average pan-India cement prices rose by 3 per cent quarter-on-quarter (QoQ) in Q1 FY26 to Rs 377 per bag. Cement demand growth in Q1 FY26 remained strong at 4 per cent, supported by favourable macroeconomic conditions and sustained demand from the housing and infrastructure sectors, the company noted. During Q1 FY26, the company's kiln fuel cost reduced by 10 per cent, thanks to the use of low-cost imported petcoke, improved linkage and captive coal consumption, and synergies with group companies. The company's logistics costs also reduced by 5 per cent to Rs 972 per tonne. "Healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," the company stated. During the quarter under review, ACC's net worth increased by Rs 228 crore to Rs 18,787 crore as of June 30, 2025. The outlook for Q2 FY26 remains strong. For FY26, cement demand is expected to grow between 6 and 7 per cent due to a rise in demand for affordable housing (both rural and urban) and higher spending on infrastructure and the commercial sector, which includes increased investment in the core and allied infrastructure sectors, ACC noted. Additionally, ACC's shares listed on the Bombay Stock Exchange closed at Rs 1,893.40 per equity share on Thursday (24 July).
NDTV
5 days ago
- Business
- NDTV
Cement Maker ACC Net Profit Climbs 4.35% In April-June Quarter
New Delhi: Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," ACC said. Its Whole-Time Director & CEO Vinod Bahety said ACC's performance in Q1 reflects the strength of its integrated strategy, anchored in premium sales, operational excellence and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives is enabling us to deliver greater value to our customers and stakeholders," he said. Over the outlook, ACC said cement demand growth in Q1 FY26 remained strong at 4 per cent amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. "Outlook for Q2 FY26 continues to remain strong. For FY26, cement demand is expected to grow between 6 to 7 per cent due to a rise in demand for affordable housing (both rural and urban), higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector," it added. Shares of ACC Ltd on Thursday were trading at Rs 1,920.35 apiece on BSE, down 1.59 per cent from the previous close.
Economic Times
5 days ago
- Business
- Economic Times
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
Cement maker ACC on Thursday reported a 4% growth in its Q1 consolidated net profit at Rs 375 crore versus Rs 360 crore in the year ago period. The Adani Group company's revenue from operations stood at Rs 6,015 crore, up 18% from Rs 5,113 crore reported in the corresponding quarter of FY25. ADVERTISEMENT However, the profit after tax (PAT) attributable to the equity holders of the company fell 50% on a sequential basis from Rs 751 crore reported in the January-March quarter of FY25. The topline growth was nearly flat from Rs 6,040 crore reported in Q1FY25. Volume increased by 12% YoY, supported by higher trade volumes and higher premium product as a % of trade sales volume (7pp YoY). The Cement segment revenue stood at Rs 5,715 crore in the quarter under review versus Rs 5,734 crore in Q4FY25 and Rs 4,896 crore in Q1FY25. The Ready Mix Concrete segment saw a revenue of Rs 416 crore, versus Rs 420 crore in Q4FY25 and Rs 329 crore in the year-ago reported expenses of Rs 5,544 crore in the April-June quarter of FY26 versus Rs 5,563 crore in Q4FY25 and Rs 4,788 crore in the year-ago period. A lion's share was spent as 'Freight and forwarding expenses, followed by the cost of materials EBITDA stood at Rs 778 crore, up by 15% YoY, while the EBITDA margin was reported at 12.8%. The company's net worth increased by Rs 228 crore to Rs 18,787 crore during the quarter. ADVERTISEMENT The earnings were announced during market hours, and ACC shares were trading with declines. The stock slipped 1.5% to hit the day's low of Rs 1,920.90 on the NSE. Commenting on the earnings, ACC's Whole-Time Director & CEO Vinod Bahety said that the company's Q1 performance reflects the strength of its integrated strategy—anchored in premium sales, operational excellence, and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives are enabling us to deliver greater value to our customers and stakeholders. With our science-based net-zero targets validated by the SBTi, we continue to lead the industry in climate responsibility," he said. (You can now subscribe to our ETMarkets WhatsApp channel)
Business Standard
5 days ago
- Business
- Business Standard
ACC Q1 results: PAT climbs 4.35% to ₹375 cr; revenue up 18% at ₹6,035 cr
ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore Press Trust of India New Delhi Cement maker ACC Ltd on Thursday reported a 4.35 per cent increase in its consolidated net profit to Rs 375.42 crore for the June 2025 quarter, helped by volume gains and operational efficiencies. The company had posted a profit of Rs 359.74 crore in the April-June quarter a year ago, according to a regulatory filing by ACC, now a part of Adani Cement. Its revenue from operations rose 18 per cent to Rs 6,035.11 crore. It was Rs 5,113.05 crore in the corresponding period a year ago. ACC's total expenses in the June quarter surged 16.84 per cent to Rs 5,594.25 crore. In the June quarter, it reported "highest-ever volume in Q1 series" to 11.5 million tonnes, up 12 per cent year-on-year, the company said in an earnings statement. During the quarter, revenue from the cement business rose 16.7 per cent to Rs 5,714.95 crore. Similarly, its revenue from ready mix concrete jumped 26.67 per cent to Rs 416.28 crore in the June quarter. It has reported a "healthy upticks in volumes, operational efficiency, cost control, and capex management affirm our progress and reinforce our commitment to industry-leading cost competitiveness," ACC said. Its Whole-Time Director & CEO Vinod Bahety said ACC's performance in Q1 reflects the strength of its integrated strategy, anchored in premium sales, operational excellence and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives is enabling us to deliver greater value to our customers and stakeholders," he said. Over the outlook, ACC said cement demand growth in Q1 FY26 remained strong at 4 per cent amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. "Outlook for Q2 FY26 continues to remain strong. For FY26, cement demand is expected to grow between 6 to 7 per cent due to a rise in demand for affordable housing (both rural and urban), higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector," it added. Shares of ACC Ltd on Thursday were trading at Rs 1,920.35 apiece on BSE, down 1.59 per cent from the previous close.
Time of India
5 days ago
- Business
- Time of India
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
Cement maker ACC on Thursday reported a 4% growth in its Q1 consolidated net profit at Rs 375 crore versus Rs 360 crore in the year ago period. The Adani Group company's revenue from operations stood at Rs 6,015 crore, up 18% from Rs 5,113 crore reported in the corresponding quarter of FY25. However, the profit after tax (PAT) attributable to the equity holders of the company fell 50% on a sequential basis from Rs 751 crore reported in the January-March quarter of FY25. The topline growth was nearly flat from Rs 6,040 crore reported in Q1FY25. Volume increased by 12% YoY, supported by higher trade volumes and higher premium product as a % of trade sales volume (7pp YoY). Segment revenue The Cement segment revenue stood at Rs 5,715 crore in the quarter under review versus Rs 5,734 crore in Q4FY25 and Rs 4,896 crore in Q1FY25. The Ready Mix Concrete segment saw a revenue of Rs 416 crore, versus Rs 420 crore in Q4FY25 and Rs 329 crore in the year-ago period. ACC reported expenses of Rs 5,544 crore in the April-June quarter of FY26 versus Rs 5,563 crore in Q4FY25 and Rs 4,788 crore in the year-ago period. A lion's share was spent as 'Freight and forwarding expenses, followed by the cost of materials consumed. Operating EBITDA stood at Rs 778 crore, up by 15% YoY, while the EBITDA margin was reported at 12.8%. The company's net worth increased by Rs 228 crore to Rs 18,787 crore during the quarter. The earnings were announced during market hours, and ACC shares were trading with declines. The stock slipped 1.5% to hit the day's low of Rs 1,920.90 on the NSE. Commenting on the earnings, ACC's Whole-Time Director & CEO Vinod Bahety said that the company's Q1 performance reflects the strength of its integrated strategy—anchored in premium sales, operational excellence, and cost leadership. "The consistent growth in volumes, efficiency gains, and digital transformation initiatives are enabling us to deliver greater value to our customers and stakeholders. With our science-based net-zero targets validated by the SBTi, we continue to lead the industry in climate responsibility," he said.
