January 27, Mumbai The diversified Adani Group’s cement and building products leader, ACC Limited, announced on Monday a notable 103% year-over-year increase in its net profit for the December quarter (Q3) of FY25.
Compared to Rs 538 crore in the same quarter previous fiscal year, the cement giant reported a net profit of Rs 1,092 crore for the quarter that ended on December 31.
Due to increasing trade sales volume (up 11%) and premium product sales as a percentage of trade sales (32%), the business reported its highest-ever revenue in Q3 during the previous five years, at Rs 5,927 crore.
The Q3 results “showcase our strategic focus on driving growth through higher volumes, cost optimisation, and enhanced efficiencies,” said Ajay Kapur, Whole Time Director and CEO, ACC Ltd.
According to Kapur, “We are leveraging innovation and sustainability to maintain our competitive edge and maximize stakeholder value because of the strong demand for our premium cement products and our dedication to excellence on all parameters in line with our ESG leadership.”
With an operating EBITDA of Rs 1,116 crore in Q3, the company recorded its highest-ever margin of 18.8%. At 10.7 million tons, the greatest amount in a quarter, volumes increased by 21%.
The cost leadership journey has been strengthened by the strong gains seen in all company KPIs, including volumes, efficiency, cost, and capital expenditures.
“We are in a strong position to capitalize on our business’s strategic vision and attain long-term profitability,” Kapur said.
With ACC and Ambuja Cements being the only two cement companies in India to get Net Zero target approval from the Science Based Targets initiative (SBTi), the business is dedicated to achieving the Net Zero objective by 2050.
With 20 integrated cement production facilities, 20 cement grinding units, and 12 bulk terminals nationwide, Ambuja, together with its subsidiaries ACC Ltd, Penna Cement Industries Ltd, and Sanghi Industries Ltd, has increased the Adani Group’s cement capacity to 88.9 MTPA.