Synopsis
ACC Limited, a leading cement manufacturer in Mumbai, reported a remarkable 103% increase in net profit for Q3 FY25, reaching Rs 1,092 crore. This growth is attributed to a surge in trade sales volume and a focus on premium products, aligning with their Net Zero commitment by 2050.Key Takeaways
- 103% profit increase year-on-year in Q3 FY25.
- Record revenue of Rs 5,927 crore.
- Operating EBITDA margin reached 18.8%.
- Commitment to Net Zero by 2050.
- Expansion of cement capacity to 88.9 MTPA.
Mumbai, Jan 27 (NationPress) The renowned cement and building materials firm ACC Limited, part of the diversified Adani Group, announced a remarkable 103% year-on-year increase in its net profit for the December quarter (Q3) of FY25.
The cement giant recorded a net profit of Rs 1,092 crore for the quarter ending December 31, a significant rise from Rs 538 crore during the same quarter last fiscal.
In Q3, the company achieved its highest revenue in the past five years at Rs 5,927 crore, propelled by an 11% increase in trade sales volume and a 32% share of premium products in trade sales.
Ajay Kapur, Whole Time Director and CEO of ACC Ltd, stated that the Q3 results “exemplify our strategic drive towards growth through increased volumes, cost efficiency, and improved operational effectiveness.”
“With a robust demand for our premium cement products, and our dedication to excellence on all fronts aligned with our ESG leadership, we are harnessing innovation and sustainability to sustain our competitive advantage and optimize stakeholder value,” Kapur elaborated.
Operating EBITDA reached Rs 1,116 crore in Q3, marking the highest margin ever at 18.8%. The volume surged by 21% to 10.7 million tonnes, the highest volume recorded in a quarter.
Key performance indicators across all business metrics such as volumes, efficiencies, costs, and capital expenditures have shown substantial improvements, reinforcing the journey towards cost leadership.
“We are in an excellent position to achieve sustained profitability and capitalize on our strategic vision for the business,” said Kapur.
The company is committed to achieving its Net Zero goal by 2050, with ACC and Ambuja Cements being the only two cement companies in India undergoing validation for their Net Zero targets from the Science Based Targets initiative (SBTi).
Additionally, Ambuja, along with its subsidiaries ACC Ltd, Penna Cement Industries Ltd, and Sanghi Industries Ltd, has expanded the Adani Group’s cement capacity to 88.9 MTPA, operating 20 integrated cement manufacturing plants, 20 cement grinding units, and 12 bulk terminals nationwide.
