ACC Q3 Results: Net profit rises 103% YoY to ₹1,091.73 crore

ACC Q3 Results: ACC Ltd on Monday reported an 103.06% year-on-year surge in its consolidated net profit (attributable to owners of the company) for the fiscal's third quarter ended December (Q3FY25) to ₹1,091.73 crore. The company had reported a profit of ₹537.63 crore in the year-ago period. Sequentially, the consolidated net profit was up 446.8%. At 13:56 IST, ACC shares was trading 0.44% lower at ₹2,048.75 apiece on BSE.

ACC's consolidated revenue from operations stood at ₹5,20 7.29 crores during the quarter ended December (Q3FY25) from ₹4,855.22 crore in Q3FY24, a year-on-year rise of 7.25%. Sequentially, the revenue was up by 15.2%.

According to the company's exchange filing, the Q3 Series saw the largest revenue in the previous five years, totaling ₹5,927 crore. This revenue was driven by an 11% increase in trade sales volume and a 32% premium product as a percentage of trade sales. All business metrics increased as a result of more volume and better operational parameters.

The firm reported in its exchange filing that the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter ending in December was ₹1,116 crore, compared to ₹905 crore in Q3FY24. The EBITDA margin was recorded at 18.8%, from 18.4% in Q3FY24.

“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 on all parameters in line with our ESG leadership, we are leveraging innovation and sustainability to maintain our competitive edge and maximise stakeholder value," said Ajay Kapur, Whole Time Director & CEO, in an exchange filing.

According to the company's exchange filing, the cement sector witnessed modest growth of 1.5-2% during the first half of FY’25. As we look ahead, a rebound in cement demand is anticipated in Q4 FY’25, driven by a surge in construction activities within the infrastructure and housing segments. The pro-infrastructure and housing-focused Budget 2025, coupled with increased government spending on these areas, is expected to bolster this growth further. Overall, cement demand is projected to grow by approximately 4-5% for FY’25.

ACC share price today

ACC share price today opened at ₹2,057.25 apiece on the BSE, the stock touched an intraday high of ₹2,075.40, and an intraday low of ₹1,981.60 per share. Riyank Arora, Technical Analyst, Mehta Equities Ltd stated that The stock has witnessed a rebound from the lower levels of 1868 and is showing good signs of momentum and strength. Immediate support is placed at the 1970 mark, which, if broken, could bring the stock under selling pressure. Immediate resistance is at the 2100 mark, above which the next overhead resistance is near 2200. Overall, we expect the stock to trade within the range of 1970 to 2100 before any further breakout or breakdown occurs.

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