ACC Q1 Results: Profit down 60% on lower sales to Rs. 147 crores

ACC Q1 Results: Profit down 60% on lower sales to Rs. 147 crores

ACC Ltd, Adani Group’s cement firm, on Friday reported a 60.8 percent decline in consolidated net profit for the June quarter of FY27 to Rs. 147 crore was recorded, as sales volumes declined.

According to a regulatory filing from Ambuja Cement’s subsidiary, ACC, the company in the April-June quarter a year ago posted Rs. 375 crore profit was reported.

Its income from operations also fell by 7.75 percent in the June quarter to Rs. 5,790 crores. In the same period a year ago, it was Rs. 6,277 crores.

“During the quarter, profitability reflected the impact of planned maintenance of large integrated units, higher Master Services Agreement (MSA) with parent Ambuja Cement, even as we continued to prioritize value-based growth and quality earnings,” said Vinod Baheti, its Whole Time Director and CEO.

In Q1/FY27, premium products contributed 44 per cent to trade sales. It was 41 percent in the same period a year ago.

In the June quarter, ACC’s total expenditure fell by 3.35 per cent to Rs. 5,639 crores.

According to ACC’s earnings statement, the company “has seen marginal cost reductions sequentially through focused cost optimization initiatives, despite headwinds from the West Asian conflict.”

ACC’s revenue from cement business fell 9.73 percent to Rs. 5,376 crores. In the June quarter a year ago, it was Rs. 5,956 crores.

ACC quarterly sales volumes fell 13 percent to 10 MnT (million tonnes) in the April-June period. It was 11.5 million tonnes in the same period a year ago.

However, ACC’s ready mix concrete (RMC) revenue rose 20.43 percent in the June quarter to Rs. 501 crores.

Meanwhile, in a separate filing, ACC said its board has approved the acquisition of 26 per cent equity shares in Amplus Andhra Power Pvt.

On the acquisition cost, ACC said it was “approximately Rs 5.31 crore”. Incorporated on October 24, 2016, the company is engaged in the business of infrastructure and renewable energy. ACC expects the proposed acquisition to be completed before October 30, 2026.

While updating its merger with parent entity Ambuja Cement, ACC informed that it has received a No Objection Certificate (NoC) from market regulator SEBI in this regard.

“The application has been filed with the NCLT on June 29, 2026. The transaction is expected to be completed during FY27, subject to regulatory approvals,” it said.

Under ‘One Cement Platform’ Adani Group is strategically integrating other group companies ACC and Orient Cement under Ambuja Cements into a single corporate structure.

On the industry outlook, ACC said cement demand is expected to be “5 per cent softer” for FY’27.

“While near-term cement demand may be affected by seasonal monsoon softness, geopolitical uncertainties and input cost volatility, the sector’s long-term outlook remains positive, supported by sustained infrastructure investments, urbanization and housing demand,” it said.

Shares of ACC Ltd traded on BSE on Friday at Rs. 1,339.20, up 0.36 percent from the previous close at Rs.

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