New Delhi : ACC Cement, one of the largest company in cement sector, has recently released its quarterly results. Cement manufacturing company ACC Limited released financial results of the March quarter on Wednesday. On the basis of this, it has been learned that the company has fallen by 20.4 percent in the net profit in the business conducted in the month of March. After which the net profit came down to Rs 751.04 crore.
ACC, a company of Adani Group of Gautam Adani, has given this information to the stock market. In which it has been said that in the same period of 1 year ago, he achieved a profit of Rs 943.39 crore. In the fourth quarter of the last financial year, the company's operational revenue increased by 12.7 percent to Rs 5,207.3 crore. It was Rs 5,316.75 crore in the same period of 1 year ago.
ACC total expansion increased by 13.11 percent to Rs 5,514.82 crore in the quarter of January to March 2025. During this period, ACC revenue from cement business rose 11.14 percent to Rs 5,685.53 crore. ACC sales rose 14 percent to 1.19 million tonnes in the quarter under review. This is the company's highest sales quantity in a quarter so far. Similarly, its revenue from ready mix concrete rose 32.12 percent in the March quarter to Rs 419.92 crore.
ACC's total income increased by 12 percent to Rs 6,066.52 crore in the March quarter of FY 2024-25. This is the company's highest quarterly revenue. In the last financial year, ACC net profit increased by 2.87 percent to Rs 2,402.27 crore. Similarly, in FY 2024-25, the total income of ACC increased by 11.65 percent to Rs 22,834.74 crore.
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ACC full -time director and CEO Vinod Bahti has said on these figures that it has been a strategic milestone which strengthens our position as a leader in the Indian cement industry. Our capacity expansion initiatives, increasing infrastructure and increasing cement demand in the country. Meanwhile, the board of directors of ACC has approved a dividend of Rs 7.50 on each equity share with a print value of Rs 10 from FY 2024 to 25.
(With agency input)
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