Company: ACC Ltd.


ACC reported a steady performance in 1QCY19 as its revenues grew 8.2% YoY to Rs38.5bn backed by volume growth and better realisation, although the gains were limited. Premium products sales increased 23% YoY (volume growth).
April 24, 2019, 12:11 p.m.
Publisher: nirmalbang.com

Cement maker ACC Tuesday reported a 38.19 per cent increase in its consolidated profit at Rs 346.02 crore for the first quarter ended March 2019, helped by increase in sales volume. The company had posted a consolidated profit of Rs 250.39 crore in the January-March quarter a year ago, ACC Ltd said in a BSE filing. ACC's total income during the period under review was up 10.99 per cent to Rs 4,075.71 crore as against Rs 3,671.95 crore in the corresponding period of the previous fiscal. The company, which follows January-December period as financial year, reported its total expenses at Rs 3,555.84 crore as against Rs 3,299.16 crore, up 7.78 per cent. "The prices of fuel and slag rose in the quarter, which were mitigated by market initiatives, sustained cost reduction initiatives viz. material source-mix & fuel mix optimisation and productivity improvement measures. Plant capacity utilisation improved during the quarter," the company said in a statement. ACC's cement sales volume ..
April 23, 2019, 8:50 p.m.

Other income increased sharply by 230.6 percent year-on-year to Rs 156.6 crore in quarter ended March 2019.
April 23, 2019, 6:11 p.m.
Publisher: moneycontrol.com

ACC shares rallied 16 percent in last three months amid price hike across regions
April 23, 2019, 11:51 a.m.
Publisher: moneycontrol.com


ACC has delivered its Q1CY19 numbers wherein revenues grew 8.1% YoY, led by 6.8% YoY growth in cement segment revenue and balanced came from RMC Segment.
April 23, 2019, 11:20 a.m.
Publisher: ashikagroup.com

ACC’s Q1CY19 earnings were tad below our estimates due to higher fuel and slag cost. Cement realisations improved by 2.6% (Rs130/t) YoY/+1.6% (Rs80) QoQ.
April 23, 2019, 11:17 a.m.
Publisher: plindia.com

‘Joyous’ is not usually a word one associates with an advertising campaign of a cement brand. In a complete departure from ad campaigns that most often centre on the functional benefits of cement, ACC has turned that view on its head with its refreshing new campaign ‘Karein Kuch Kamaal’.
Feb. 26, 2019, 5:22 p.m.

Earning per share (EPS) of the company for the earnings for CY19E and CY20E is seen at Rs. 83.07 and Rs. 89.51 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 9% and 27% over 2017 to 2020E respectively.
Feb. 6, 2019, 12:48 p.m.

Despite better volume growth, ACC has reported a subdued performance in 4QCY18 mainly led by steeper price decline and higher input cost. Adjusted EBITDA grew by 10% YoY and 7% QoQ to Rs4.03bn way below our estimate of Rs4.8bn.
Feb. 6, 2019, 11:27 a.m.
Publisher: trade.rsec.co.in

Cement company ACC said its net profit for the December quarter more than tripled to ₹732 crore, against ₹206 crore logged in the same period last y
Feb. 5, 2019, 6:05 p.m.

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