ACC?s Q1 FY25 Net Profit Falls 22.5% to Rs.3.61 Bn
ECONOMY & POLICY

ACC?s Q1 FY25 Net Profit Falls 22.5% to Rs.3.61 Bn

ACC Limited has reported a significant decline in its net profit for the first quarter of FY25, with a drop of 22.5% year-on-year, reaching ?3.61 billion. This downturn reflects the company's ongoing challenges amid a tough economic environment and increased operational costs.

The cement giant's revenue for the quarter also witnessed a decline, attributed mainly to higher input costs and market volatility. Despite efforts to streamline operations and enhance efficiency, the company struggled to offset the rising costs associated with raw materials and transportation.

ACC's performance was also impacted by a slowdown in the construction sector, which has been experiencing reduced demand due to various economic factors. The overall slowdown in infrastructure projects and real estate developments contributed to the reduced sales volumes for the company.

In response to these challenges, ACC is focusing on cost control measures and exploring strategies to improve operational efficiencies. The company aims to leverage its strong market presence and ongoing investments in technology to bolster performance in the coming quarters.

ACC's management remains optimistic about a potential recovery as market conditions stabilise. They are committed to enhancing productivity and pursuing growth opportunities to navigate through the current economic uncertainties. The company?s proactive approach is expected to help mitigate the impact of current challenges and position it for future success.

ACC Limited has reported a significant decline in its net profit for the first quarter of FY25, with a drop of 22.5% year-on-year, reaching ?3.61 billion. This downturn reflects the company's ongoing challenges amid a tough economic environment and increased operational costs. The cement giant's revenue for the quarter also witnessed a decline, attributed mainly to higher input costs and market volatility. Despite efforts to streamline operations and enhance efficiency, the company struggled to offset the rising costs associated with raw materials and transportation. ACC's performance was also impacted by a slowdown in the construction sector, which has been experiencing reduced demand due to various economic factors. The overall slowdown in infrastructure projects and real estate developments contributed to the reduced sales volumes for the company. In response to these challenges, ACC is focusing on cost control measures and exploring strategies to improve operational efficiencies. The company aims to leverage its strong market presence and ongoing investments in technology to bolster performance in the coming quarters. ACC's management remains optimistic about a potential recovery as market conditions stabilise. They are committed to enhancing productivity and pursuing growth opportunities to navigate through the current economic uncertainties. The company?s proactive approach is expected to help mitigate the impact of current challenges and position it for future success.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?