ACC s net consolidated total income stood at Rs 4,644.78 crore in Q2 FY24, a growth of 14.49 per cent from Rs 4,057.08 crore it recorded in the similar quarter last year.
ACC s net consolidated total income stood at Rs 5,270.02 crore in Q1 FY24, a growth of 16.54 per cent from Rs 4,522.20 crore it recorded in the similar quarter last year.
ACC Q1 2021 results: Net profit rises 74% to Rs 563 cr on higher sales
ACC reported 21.6 per cent increase in cement sales volume at 8 million tonnes during the quarter under review.
Rai Vinaykumar | April 19, 2021 | Updated 22:29 IST
ACC reported capacity utilisation of 90 per cent during the quarter ended March.
Cement maker ACC Ltd on Monday reported a 74.2 per cent year-on-year (YoY) increase in its consolidated net profit at Rs 563 crore during January-March quarter of 2021 on over 21 per cent rise in cement sales volume.
The LafargeHolcim Group company s net sales rose 22.7 per cent YoY to Rs 4,213 crore during the quarter ended March. ACC follows January-December financial year.
ACC commissioned a large new grinding unit at Sindri Industrial Township in Jharkhand.
The country s leading cement manufacturer - ACC - on Monday reported net profit of Rs 563 crore in quarter ended March 2021, that marked an increase of 74 per cent from profit of Rs 323 crore during the same quarter last year. Its revenue from sales rose 23 per cent to Rs 4,213 crore against Rs 3,433 crore in the year ago period.
During the quarter ACC registered sales volume of 6.97 million tonnes compared with 6.56 million tonnes in the March quarter of 2020.
The company s operating profit or earnings before interest, tax, depreciation and amortization (EBITDA) jumped 47 per cent to Rs 860 crore and operating profit margin or EBITDA margin improved by 330 basis points to 20.4 per cent from 17.1 per cent in the year ago period.