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Monday, January 27, 2025

ACC Q3 Results: Consolidated PAT Soars 103% YoY to Rs 1,092 Crore, Revenue Up 7%

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ACC Q3 Results: Consolidated PAT Soars 103% YoY to Rs 1,092 Crore, Revenue Up 7%

ACC Ltd., a leading cement manufacturer and part of the Adani Group, reported a 103% year-on-year (YoY) surge in consolidated profit after tax (PAT) for the third quarter of FY25, reaching Rs 1,092 crore. The company’s revenue from operations also grew by 7% YoY to Rs 5,207 crore, driven by strong demand for its premium cement products and operational efficiencies.

Key Highlights of ACC Q3 Results

Financial Performance

  • Consolidated PAT: Jumped 103% YoY to Rs 1,092 crore, compared to Rs 538 crore in Q3 FY24.
  • Revenue from Operations: Increased by 7% YoY to Rs 5,207 crore, up from Rs 4,855 crore in the same quarter last year.
  • Sequential Growth: PAT surged 447% quarter-on-quarter (QoQ) from Rs 200 crore in Q2 FY25, while revenue grew 15% QoQ from Rs 4,521 crore.
  • Operating EBITDA: Stood at Rs 1,116 crore, with a record margin of 18.8%.
  • Cash and Cash Equivalents: Reached Rs 2,526 crore, reflecting strong liquidity.

Segment-Wise Performance

  • Cement Segment Revenue: Rose to Rs 5,614 crore in Q3 FY25, up from Rs 4,352 crore in Q2 FY25 and Rs 4,646 crore in Q3 FY24.
  • Ready-Mix Concrete Revenue: Increased to Rs 344 crore in Q3 FY25, compared to Rs 289 crore in Q2 FY25 and Rs 300 crore in Q3 FY24.

Management Commentary

Ajay Kapur, Whole-Time Director & CEO of ACC, commented on the results: “Our Q3 results demonstrate our strategic focus on driving growth through higher volumes, cost optimisation, and enhanced efficiencies. With strong demand for our premium cement products and our commitment to excellence across all parameters in line with our ESG leadership, we are leveraging innovation and sustainability to maintain our competitive edge and maximise stakeholder value. We are well-poised to achieve sustained profitability and capitalise on the strategic vision set forth for our business.”

Market Reaction

Following the earnings announcement, ACC shares were trading at Rs 2,050.05 on the NSE, recovering from the day’s low of Rs 2,008.50. The market’s reaction reflects investor confidence in the company’s strong financial performance and growth prospects.

Conclusion

ACC’s Q3 FY25 results highlight the company’s robust growth trajectory, driven by strong demand, operational efficiencies, and strategic initiatives. With record EBITDA margins and significant YoY and QoQ growth in PAT, ACC is well-positioned to capitalise on the growing demand for cement and ready-mix concrete. Investors and stakeholders can look forward to sustained profitability and value creation in the coming quarters.

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