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

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

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

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

Next Story
Equipment

SANY Named Top Chinese Construction Machinery Firm in Forbes 2000

SANY Heavy Industry (600031.SS) has been recognized as China's premier construction machinery manufacturer in Forbes' 2025 Global 2000 list, ranking 956th position worldwide. The prestigious list evaluates companies based on four key metrics: sales, profits, assets, and market value, with data calculated from the latest 12-month financial results as of April 25, 2025. This achievement underscores SANY's leadership credentials in the global heavy machinery industry, validating its forward-looking "Globalization, Digitalization, and Decarbonization" strategy and reinforcing confidence in its inn..

Next Story
Infrastructure Urban

Vedanta Aluminium Marks Pride Month with Boost in LGBTQI+ Hiring

Vedanta Aluminium, India’s largest aluminium producer, is redefining inclusivity in manufacturing by actively recruiting and empowering transgender individuals across its operations. As part of the Pride Month celebrations, the company has announced that it will hire 15 transgender employees in 2026, increasing the total strength to 44 across its operations in Jharsuguda, Odisha and Korba, Chhattisgarh. Vedanta Aluminium has introduced a comprehensive framework of progressive policies to support the assimilation and well-being of transgender employees. These include sensitization workshops ..

Next Story
Infrastructure Urban

Reactor Containment Successfully Tested at Rooppur NPP Unit 1

At power unit No.1 of the Rooppur NPP, which is being built in the People's Republic of Bangladesh by the Rosatom State Corporation Engineering Division, tightness and strength tests have been successfully conducted at the containment of the reactor compartment. The tests confirmed full compliance with the design requirements and the highest safety standards of the reactor containment.During the tests, a compressor was used to increase the pressure inside the containment to the design value of 4.6 kgf/cm² (which corresponds to approximately 0.45 MPa) and a series of tests were conducted to co..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?