ACC का पहली तिमाही में मुनाफा 22.5% घटा: ये ₹361 करोड़ रहा, कंपनी की आय भी करीब 1% गिरकर ₹5,154 करोड़ रही

Adani Group’s cement company ACC’s profit fell 22.5% year-on-year (YoY) to Rs 361 crore in the first quarter (April-June) of FY 2024-25. The company’s consolidated net profit was Rs 466 crore in the same quarter a year ago.

ACC has released its first quarter results today i.e. on 29th July. Consolidated revenue i.e. income from ACC’s operations has declined by about 1% on an annual basis.

Revenue from operations stood at ₹5,154 crore in the first quarter of FY25. Revenue stood at ₹5,201 crore in the same quarter a year ago i.e. the first quarter of FY24.

ACC shares gave 30% return in one year
ACC’s stock today rose 0.0038% to close at ₹ 2,614.25. It has given a return of 30% in the last one year. The stock has risen 4.87% in the last 6 months. The company’s market cap is Rs 49.09 thousand crores.

What is standalone and consolidated?
The results of companies come in two parts – standalone and consolidated. In standalone, the financial performance of only one unit is shown. Whereas, in consolidated or consolidated financial report, the report of the entire company is given.

Associated Cement Companies was started in 1936
ACC i.e. Associated Cement Companies was started on 1 August 1936 in Mumbai. Then a group of several companies laid its foundation together. Later, its ownership was with Switzerland’s building material company ‘Holcim’.

But, about two years ago, the Adani Group, along with ACC, bought Ambuja Cements, another cement manufacturing company in India. Ambuja Cements was founded in 1983 by Narottam Sekhsaria and Suresh Neotia.

ACC Cement currently produces 38.55 million tonnes of cement every year. At the same time, together with Ambuja Cement, both the companies are producing 76.10 million tonnes of cement annually for the Adani Group.