ACC Attributes Volume Growth To Cost Reduction & Efficiency
ACC Limited, the cement and building materials company of the diversified Adani Portfolio, today announced results for Q1 FY’25. This steady and sustainable performance is attributed to volume growth, cost reduction and improvement in efficiency parameters. Ajay Kapur, CEO – Cement Business, Adani Group, said, “ACC’s performance strengthens our drive to consistently stay a frontrunner in the industry. Our performance this quarter exemplifies our efficiency and agility. Our strategic decisions, customer-centric approach, and operational excellence continue to drive growth. As we move forward, we remain committed to delivering value to our stakeholders in a sustainable manner.” RMX business is growing steadily with improvement in profitability driven by improved efficiency parameters and optimising its footprint. Volume increased by 9% YoY at 10.2 Mn T supported by increase in premium products and improvement in efficiency parameters, ensuring market leadership. Kiln fuel cost improved from Rs. 2.14 per ‘000 kCal to Rs. 1.73 per ‘000 kCal with change of fuel basket and higher consumption of alternative fuels. Thermal value reduced from 757 kCal to 739 kCal, with further improvement expected in future quarters. Revenue at Rs. 5,155 Cr, Operating EBITDA at Rs. 679 Cr, EBITDA margin at 13.2%. Cash & Cash equivalent at Rs. 2,747 Cr, with Net Worth at Rs. 16,552 Cr, up by Rs. 219 Cr from Q4 FY’24. EPS (Diluted) at Rs. 19.2 during the quarter. ACC Suraksha, ACC Concrete Plus, ACC Gold, ACC F2R, and ACC HPC enlisted in GRIHA’s (Green Rating for Integrated Habitat Assessment) green product catalogue. Ongoing green power initiatives will help in achieving 60% green power by 2028, reduce cost, improve EBITDA & accelerate on SD Plan 2030. CSR initiatives reinforce and Improve lives of more than 1.45 million people through various activities in the field of water management, sustainable livelihoods and social inclusion schemes. Achieved 7x plastic negativity by co-processing of plastic waste in cement kiln. Adani Group’s Cement Business committed to planting 8.3 million trees by 2030, (4.9 million trees planted till FY’24) following Adani Group’s plan to plant 100 million trees. Embracing the circular economy, target to achieve TSR of 27% by FY’28, we are at 11.1 % as of now. Our range of innovative products including ACC ECOMaxX, ACC AEROMaxX and ACC Coolcrete continues to grow, offering a wide array of go-green options to customers. Strategic placements of 'Bharosa Atoot' advertisements aired during IPL 2024 and World Cup T20 reaching out to 250M+ audiences. Amplified digital presence on 15+ high traffic apps and websites to increase brand reach and awareness. Launched consumer-centric website ACC Help, www.acchelp.in, helping IHBs with step-by-step guide & resources, creating a seamless experience. Conducted ‘Skill Building Workshops’ across various domains for ~4,000 contractors.
Tags : ACC Limited Bharosa Atoot EBITDA Adani Group Cement Business efficiency parameters