ACC’s profit in the first quarter of FY22 up by 74%

22 Apr 2021 CW Team

Cement manufacturing company ACC Limited told the media that its profit after tax has surged by 74% to Rs 563 crore in the January to March quarter as compared to Rs 323 crore in the same period during the previous fiscal.

ACC Ltd follows January to December as the fiscal year. The company's net sales during the first quarter (Q1) in FY2021 increased by 23% to Rs 4,213 crore as compared to Rs 3,433 crore in Q1 FY2020. The operating earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter was Rs 860 crore as against Rs 586 crore in Q1 FY20, up by 47%.

The operating EBITDA margin expansion of 450 basis points driven by capital expenditure led to strong cost actions and higher growth in premium products.

ACC commissioned a large new grinding unit at Sindri industrial township in the Dhanbad district of Jharkhand, adding a capacity of 1.4 million tonne per annum.

A member of the LafargeHolcim Group, ACC, is one of India's producers of cement and ready-mix concrete. The company has 17 cement manufacturing sites, 79 concrete plants and a countrywide network of over 50,000 retail outlets.

As we have reported earlier, according to India Ratings and Research (Ind-Ra), cement demand is expected to grow at 13-14% year-on-year in FY22 after two consecutive years of flat-to-negative growth. The cement demand to gross domestic product growth multiplier is likely to hit 1.3 times in FY22, compared to the trailing 15-year average of 0.9 times.

Image Source

Also read: Cement demand may surpass 340 mt in FY22: ICRA

Also read: Cement demand to sustain: India Ratings and Research

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..