What were ACC’s revenue figures as per the ACC Q4 results?
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ACC Q4 results reflect a substantial surge in the consolidated net profit reaching ₹944.84 crore.
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Known as one of India’s most popular brands, ACC presented its Q4 financial report. A consolidated net profit soaring to ₹944.84 crore, marked a significant YoY increase. While the operating EBITDA surged by 79% to ₹837 crores, the consolidated sales volume saw a substantial rise to 10.4 million tonnes for Q4 and 36.9 million tonnes for FY 2024. A consolidated net worth of ₹16,333 crore, which saw a raise of 2,191 crore from last financial year. These numbers signal robust growth and an optimistic outlook for the future.
Adani group-owned cement maker ACC announced its Q4 results on 25th April 2024, for the quarter and year that ended on March 31st, 2024. The latest ACC Q4 results show a substantial surge in its consolidated net profit, which reached ₹944.84 crore. The figure represents a remarkable fourfold increase in contrast to the ₹235.66 crore, which was reported in Q4 of the previous financial year. The company attributed this remarkable performance to its cost, volume and efficiency parameters.
ACC, the largest cement and building materials company in the country, announced ₹5,408.72 crore of consolidated revenue. This is almost 13% higher than last year’s Q4 of ₹4,790.91 crores.
Explore: Acc Limited Share Price
Additional Read: 129 Indian Companies to Release Q4 Results
the cement manufacturer under the Adani Group, announced a standalone net profit of ₹748.54 crore for the fourth quarter of FY24, marking a significant surge of 216% from ₹236.57 crore reported in the corresponding period last year. A 79% surge in the EBITDA also provides a clearer picture of the company's profitability from its core operations.
Additional Read: Quarterly Results
Metrics | Q4 2024 | Q4 2023 | FY24 |
Sales Volume (Cement & Clinker) in Million Tonnes | 10.4 | 8.5 | 36.9 |
Sales Volume Ready Mix Concrete in Million Cubic Meters | 0.66 | 0.71 | 2.68 |
Revenue from Operations in ₹ | 5,409 crores | 4,791 crores | 19,959 crores |
Operating EBITDA & Margin in ₹ | 837 crores | 469 crores | 3,062 crores |
Other Income in ₹ | 120 crores | 119 crores | 493 crores |
EBIT in ₹ | 721 crores | 411 crores | 2,671 crores |
EBIT Margin | 13.3% | 8.6% | 13.4% |
Profit after Tax in ₹ | 945 crores | 236 crores | 2,337 crores |
Following the ACC Q4 results, the company reflects a well-positioned stance for future growth. The substantial increase in consolidated net profit, along with positive indicators in cash reserves, net worth, and operating EBITDA, underscores its robust performance. Additionally, the optimistic outlook for the cement industry, as highlighted by ACC, suggests a favourable operating environment.
Additional Read: Annual Results
As one of India’s most trusted brands, ACC is nothing less than a household name. As a frontrunner in the cement industry, the company has further strengthened its position. A 138% jump in EBITDA reflects its flexible approach and sturdy business model. With focus on a sustainability, green power, efficiency plans, and affordable housing ACC holds the capacity to perform and expand. All in all, ACC Q4 results indicate a promising trajectory for the company in the foreseeable future.
Results for the Fourth Quarter and Full Year Ended March 31, 2024
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ACC Q4 results reflect a substantial surge in the consolidated net profit reaching ₹944.84 crore.
As one of the first companies in the country to have a holistic agenda on sustainability, ACC has achieved industry-leading standards for multiple initiatives such as:
Reduced CO2 emissions
Replaced natural resources with alternative waste materials and renewable energy
Played a pivotal role in developing ACC's SD 2030 Plan.
ACC recorded a total revenue of ₹4,790.91 crores in Q1, FY 2024. The net income in the same quarter was ₹235.63 crores.
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