ACC Ltd net profit declines 40.55% to Rs 280.85 cr for Q4 FY22

11 Feb 2022 CW Team

On Wednesday, Cement maker ACC Ltd registered a 40.55% drop in its consolidated net profit to Rs 280.85 crore for the fourth quarter ended on December 31, 2021.

The firm, which follows the January-December financial year cycle, had registered a profit of Rs 472.44 crore in the October-December quarter a year back.

ACC is a subsidiary of Swiss building material giant Holcim group. Its total income from work during the quarter under review was at Rs 4,225.76 crore, increased by 1.95% as against Rs 4,144.72 crore in a similar period of the last year.

On Wednesday, shares of ACC Ltd touched Rs 2,310.05 on the Bombay Stock Exchange (BSE), increasing by 0.23% as against the previous close.

In the October-December 2021 quarter, ACC's earnings before interest and taxes (EBIT) stood at Rs 396 crore due to adverse input inflation. However, it was partly offset due to strong cost savings, said ACC Ltd in a post-earnings statement.

Its total expenses stood at Rs 3,842.83 crore, up 2.53 % in Q4 of 2021 compared to Rs 3,747.64 crore a year ago.

Image Source

Also read: IIT Hyderabad, LafargeHolcim tie-up for smart construction solutions

Real Estate

03 Sep 2025

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

Agami Realty Enters Mumbai's Luxury Market

Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

Hafele Launches Its Third Licht Experience Centre in India

Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..