Adani Group’s cement firm ACC offered second quarter outcomes, earnings stood at Rs 4,614 crore.

Adani Group's cement firm ACC offered second quarter outcomes, earnings stood at Rs 4,614 crore.


New Delhi:

ACC Quarterly Outcomes: Adani Group’s cement and constructing supplies firm ACC Ltd offered the outcomes for the second quarter of the monetary 12 months 2024-25 on Thursday. The corporate has earned an earnings of Rs 4,614 crore within the interval from July to September. There was a rise of 4 % on annual foundation. The corporate’s quantity has elevated by 15 % on an annual foundation. It has been 9.3 million tonnes. The amount development within the second quarter is the very best within the final 5 years.

Firm’s internet value reached Rs 16,725 crore

In accordance with ACC Restricted, a subsidiary of Ambuja Cements, the working EBITDA of the corporate within the second quarter of the present monetary 12 months was Rs 436 crore. Throughout this era, the online value of the corporate has elevated to Rs 16,725 crore.

Ajay Kapoor, Complete-time Director and CEO of ACC, mentioned that the efficiency of the second quarter displays our robust place within the cement sector. Our wonderful monetary efficiency this quarter is pushed by larger quantity effectivity beneficial properties and price optimization. This has created a requirement for development in FY 25 and past.

Demand anticipated to extend in cement business in first half

Demand within the cement business is predicted to extend within the first half of the monetary 12 months 2024-25. The rationale for that is the rise in development and housing actions after monsoon. The cement sector can even profit from the federal government’s give attention to infrastructure improvement like roads, highways, railways and metro.

4-5% enhance in cement demand potential in FY 25

The corporate mentioned that there could also be a rise of 4-5 % within the demand for cement in FY 25. The cement and constructing supplies firm’s EBITDA stood at Rs 679 crore in Q1FY25. Kapoor additional mentioned, “We proceed to ship robust worth to our stakeholders as we goal to drive sustainable earnings by means of our aggressive benefit. Is.”

Additionally read- Adani Wilmar earned the very best ever revenue of Rs 624 crore within the first half of FY 2025.

(Disclaimer: New Delhi Tv is a subsidiary of AMG Media Networks Restricted, an Adani Group Firm.)


Thanks for taking the time to learn this text! I hope you discovered the data insightful and useful. In the event you loved one of these content material, please contemplate subscribing to our publication or becoming a member of our neighborhood. We’d like to have you ever! Be at liberty to share this text along with your family and friends, who may additionally discover it attention-grabbing.

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now

Leave a Comment