ACC net profit Q3 FY22: 24% jump in net profit at Rs 450.21 crore

21 Oct 2021 CW Team

ACC has recorded a 24% rise in its net consolidated profit during the quarter ended September 2021.

It reported a profit after tax (PAT) of Rs 450.21 crore in Q3 2021 compared to Rs 363.85 crore it recorded in the similar quarter previous fiscal, the firm said in a BSE filing.

The firm's total income reached Rs 3,812.31 crore in Q3 2021, a jump of 6% from Rs 3,582.82 crore it reported in the corresponding quarter last year.

ACC told the media that it is committed to decreasing Scope 1 GHG emissions 21.3% per ton of cementitious material by 2030 from a 2018 base year and Scope 2 GHG emissions by 48.4% per ton of cementitious material within the same period.

Sridhar Balakrishnan, the firm's managing director and CEO, told the media that ACC has registered reliable performance during the quarter through operational perfection and focus on sustainability while satisfying customers’ requirements. It is a pledge towards the 2030 intermediate goals to decrease greenhouse gas emissions, as approved by the Science Based Target initiative (SBTi).

Net sales during the quarter rose to Rs 3,653 crore, a jump of 5% from Rs 3,468 crore registered in the previous year. Income from ready-mix concrete reached Rs 305.07 crore in Q3 2021, compared to Rs 196.57 crore in the preceding financial year. Ready-mix concrete sales rose by 46% YoY in the stated quarter.

Image Source

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

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..