ACC Ltd Q1FY23 and 6MFY22 Result : PAT surges down 42.64% QOQ and 60% to ₹227.32 Cr YoY

The company has posted a consolidated Net Profit of ₹623.63 crore in the financial six months ended on June 30, 2022 as against ₹1,131.99 crore for the same six months ended on last year June 30, 2021. The PAT surges down by 44.91%

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ACC Ltd is India’s foremost manufacturer of cement and concrete. The company is engaged in manufacturing and selling of cement and ready-mixed concrete. They manufacture a range of Portland cement for general construction and special applications. In addition they also offer two products namely; bulk cement and ready mix concrete. The company’s operations are spread throughout the country with 17 modern cement factories more than 90 Ready mix concrete plants several zonal offices and a vast distribution network of over 11000 dealers.

The company has posted its Q1FY23 financial results today, the details are as below :

(I) Unaudited Consolidated Financial Results for Quarter Ended (QOQ comparison):

The company has reported, a consolidated Total Income of ₹4,522.28 crore in the quarter ended on June 30, 2022 as against ₹4,485.01 crore in the last quarter ended on Mar 31, 2022, increased by 0.83%.

The company has posted a consolidated Net Profit of ₹227.32 crore in the quarter ended on March 31, 2022 as against ₹396.31 crore in the previous quarter ended on June 30, 2022. The PAT surges down by 42.64%.

The status of the EPS of the company stood at ₹12.07 as on March 31, 2022 compared to the previous quarter ended on June, 2022 which was ₹31.05, down by 42.66%.

₹*June 30, 2022 (Q1FY23) Mar 31, 2022 (Q4FY22)
Total Income4,522.284,485.01
Total Expenses4221.743956.37
PBT /(Loss)304.89532.28
Total Tax /(credit)77.54135.95
PAT /(Loss) [to the owners]227.32396.31
*figures are in Crores

(I) Unaudited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹4,522.28 crore in the financial year ended on June 30, 2022 as against ₹3,930.49 crore for the same quarter ended on last year June 30, 2021 that increased by 15.05%.

The company has posted a consolidated Net Profit of ₹569.42 crore in the financial year ended on June 30, 2022 as against ₹569.42 crore for the same quarter ended on last year June 30, 2021. The PAT surges down by 60.07%.

The status of the EPS of the company stood at ₹12.07 as on June 30, 2022 compared to the quarter ended on last year June 30, 2021 which was ₹30.24, down by 60.08%.

₹*June 30, 2022 (Q1FY23)June 30, 2021(Q1FY22)
Total Income4,522.283,930.49
Total Expenses4221.743175.47
PBT /(Loss)304.89758.29
Total Tax /(credit)77.54188.86
PAT /(Loss) [to the owners]227.32569.42
*figures are in Crores

(I) Unaudited Consolidated Financial Results for Half Year Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹9,007.29 crore in the financial six months Ended on June 30, 2022 as against ₹8,266.43 crore for the same six months Ended on last year June 30, 2021 that increased by 8.96%.

The company has posted a consolidated Net Profit of ₹623.63 crore in the financial six months ended on June 30, 2022 as against ₹1,131.99 crore for the same six months ended on last year June 30, 2021. The PAT surges down by 44.91%.

The status of the EPS of the company stood at ₹33.12 as six months ended on June 30, 2022 compared to the six months ended on last year June 30, 2021 which was ₹60.13, down by 44.92%.

₹*Half Year Ended (6MFY22)Half Year Ended (6MFY21)
Total Income9,007.298,266.43
Total Expenses8178.116761.66
PBT /(Loss)837.171512.50
Total Tax /(credit)213.49380.46
PAT /(Loss)623.631,131.99
*figures are in Crores
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Shares of ACC Ltd was last trading in BSE at ₹2172.60 as compared to the previous close of ₹2167.75. The total number of shares traded during the day was 3159 in over 605 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 2187.70
  • Intraday low of ₹ 2163.55