Leader in cement and construction materials ACC Ltd. reported another stable and consistent performance for the first quarter of FY25, with operating EBITDA of Rs. 679 crore and profit after tax (PAT) of Rs. 361 crore on Monday.
The revenue for the April–June quarter was Rs 5,155 crore.
The Adani Portfolio company credited cost savings, increased volume, and improved efficiency metrics for the sustainable success.
In Q1 FY25, ACC Ltd, an Ambuja Cements subsidiary, recorded the highest-ever volume at 10.2 million tonnes, up 9% (year-over-year).
“ACC’s performance increases our determination to continuously lead the industry. This quarter’s performance is a perfect example of our effectiveness and flexibility. Growth is still being fueled by our strategic choices, customer-focused methodology, and operational excellence,” stated Ajay Kapur, CEO of Adani Group’s cement business.
According to the company, the ready-mixed concrete (RMX) industry is expanding gradually and becoming more profitable due to enhanced efficiency metrics and footprint optimization.
With the shift in fuel basket and increased use of alternative fuels, kiln fuel costs decreased from Rs 2.14 per “000 kCal” to Rs 1.73 per “000 kCal.” According to the business, thermal value decreased from 757 kCal to 739 kCal, and additional improvement is anticipated in next quarters.
There is a close association between the growth of India’s GDP and the cement sector, which makes up 23% of the country’s construction material industry. The Indian economy is predicted to develop by 6.5-7% in FY25 with a stable administration and progressive policies; the cement sector is forecast to increase by 7%–9% of the total.
To better serve its clients, ACC maintains a national network of channel partners in addition to 20 cement producing facilities and over 82 concrete plants. “As we move forward, we remain committed to delivering value to our stakeholders in a sustainable manner,” Kapur stated.
