ACC Ltd., the most trusted legacy cement brand, one of India’s largest cements and building materials company and part of the diversified Adani Group announced sustainable financial performance for Q2 and first half-year (H1) of FY’25 on the back of volume growth, cost optimisation and improved efficiency parameters.
KPIs like volumes, efficiencies, cost and capex have shown healthy improvements in reinforcing cost leadership journey.
Volume increased by 15% YoY supported by increase in trade volumes and higher premium product volumes (14% YoY), ensuring market leadership. Optimised Fuel Basket, improved linkage and captive coal consumption and synergies with Group companies have resulted in 15% reduction in Kiln fuel cost
Thermal value reduced from 768 kCal to 735 kCal, expect further improvement in coming quarters. Highest ever revenue in Q2 series over last 5 years at Rs. 4,614Cr, driven by higher trade sales volume (up by 2%) and premium product as % of trade sales at 36% (up by 3.7 pp YoY)
Cash & Cash equivalent at Rs. 2,921 Cr, with Net Worth at Rs. 16,725 Cr, up by Rs. 172 Cr during the current quarter. EPS (Diluted) at Rs. 10.5 during the quarter.
ACC has released its Sustainability Report for FY’24, which is now available on the company’s website. The range of innovative products, including ACC ECOMaxX, ACC AEROMaxX, and ACC Coolcrete, continues to expand, adding to the wide array of eco-friendly options. ACC is committed to achieving Net Zero by 2050. Ambuja and ACC are the only two cement companies in India undergoing Net Zero target validation from SBTi
ACC achieved a TSR of 10.2% and Green energy usage of 14.1% in Q2 FY’25, significantly higher than the comparable figures in Q2 FY’24. ACC utilized over 6.4 million tonnes of waste-derived resources in H1 FY’25, embracing the principles of a circular economy. ACC is committed to planting 5.93 million trees by 2030, in alignment with the Adani Group’s plan to plant 100 million trees. ACC has created societal value for over 1.45 million people up to H1 FY’25 through various activities in education, healthcare, skill development, and sustainable livelihoods
Ajay Kapur, Whole Time Director & CEO, ACC Ltd, said, “Our performance in Q2 reinforces our standing as a frontrunner in the cement industry. Our financial results this quarter – fuelled by higher volumes, cost optimization, increasing efficiencies, and agility – build the momentum for our growth strategy for FY’25 and beyond. Our growth is being driven by robust demand for high-quality cement products across all markets, as well as our continuous efforts to optimise operations and lead on all ESG parameters. Our leadership status is highlighted in our drive for operational excellence supported by innovation, sustainability, and a customer-centric approach. We continue to deliver strong value for our stakeholders as we aim for sustained profitability through our competitive advantage.”
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