ACC Q4 Financial Performance Overview

ACC Ltd, a leading cement manufacturer now part of the Adani Cement group, reported a significant 20.4% decline in its consolidated net profit for the March quarter, amounting to Rs 751.04 crore, down from Rs 943.39 crore in the same period last year.

Revenue and Sales Volume Growth

Despite the profit dip, the company saw a 12.7% increase in revenue from operations, reaching Rs 5,991 crore. The sales volume hit a record high of 11.9 million tonnes, marking a 14% growth and the highest-ever quarterly sales volume for ACC.

Future Outlook and Strategic Initiatives

ACC's CEO, Vinod Bahety, highlighted the company's strategic milestones and capacity expansion efforts. The board approved a dividend of Rs 7.50 per equity share, reflecting confidence in ongoing growth plans. The company anticipates a 7-8% growth in the coming fiscal, driven by demand in housing and infrastructure sectors.