Get latest articles and stories on Business at LatestLY. The company has posted volume growth of 10 per cent in its ready-mix concrete to 0.75 mt for the reviewed quarter, against 0.68 mt in the corresponding quarter the previous year. Business News | ACC Posts 4% Growth in Cement Volume for Sept Quarter.
ACC has reported a 4 per cent growth in its cement volume to 6.85 million tonne (mt) for the quarter ended September 30, against 6.57 mt in the year-ago period.
HDFC Securities Institutional Research Desk - Report on ACC - In a shocker, unitary EBITDA falls to near zero! - Maintain BUY - Rajesh Ravi, Institutional Research Analyst, HDFC Securities.
Get latest articles and stories on Business at LatestLY. ACC Limited (ACC), the building materials arm of the diversified Adani Group, today announced the financial results for the quarter that ended September 30, 2022. Business News | ACC Limited Records Cement Volume Growth of 4 Per Cent and Net Sales Increase of 7 Per Cent in the Quarter Ended September 2022.
Ahmedabad (Gujarat) [India], October 17 (ANI/BusinessWire India): ACC Limited (ACC), the building materials arm of the diversified Adani Group, today announced the financial results for the quarter that ended September 30, 2022. Operational Highlights: - During the quarter that ended September 30, 2022, Cement Volume grew by 4 per cent as compared to the same quarter last year. Ready Mix Concrete performed well with volume growth of ~10 per cent over the same quarter last year. - With a focus on operational excellence & unlocking potential, ACC has accelerated de-bottlenecking of various plants & improvement in efficiencies. Alternative Fuels & Raw materials (AFR) platforms are being leveraged to maximize usage of wastes to reduce power and fuel cost. Financial Highlights: - ACC recorded net sales of Rs 3,910 Crore as compared to Rs 3,653 Crore in the same quarter last year. - EBITDA for the quarter that ended September 30, 2022, stood at Rs 16 Crore largely due to steep ri