ACC Limited Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· Revenue from Operations was at ₹ 4,435 Cr · Net profit for Q2 FY’24 stood at ₹ 388 Cr · EBITDA stood at ₹759 Cr along with a margin of 16.3%

Prominent Half-Yearly Highlights

· The company’s sales volume has grown by 20.2% YoY @ 17.5 MioT · PAT has substantially increased from ₹140 crore to ₹854 crore YoY · EBITDA has significantly jumped from ₹86 crore to ₹759 crore YoY

Green Progress

The company is committed to the reduction of its carbon footprint, and it has importantly decreased emissions this Q2.

Operational efficiency

The company improved operational efficiency by reducing electrical energy consumption from 73.9 kWh/t to 67.5 kWh/t, clinker factors from 57.2% to 56.6%, and Kiln fuel costs from ₹3.19 to ₹1.85/000 kcal.

Source: ACC Limited Financial Report – Q2 Report, BSE