ACC Standalone Net Profit Drops, Revenue Falls
ACC Ltd reported a sharp decline in Q1 FY27 earnings, with standalone net profit down about 61.6% year-on-year to ₹148 crore as revenue slipped around 8% to ₹5,748 crore, reflecting pricing pressures, regional volume softness, and higher input costs. The company also booked an exceptional ₹24 crore severance charge, underscoring near-term cost pressures impacting margins across the cement sector. Consolidated results showed a similar profit decline, with the group posting roughly ₹147 crore in net profit for the quarter. Management cited ongoing cost pressures from fuel, logistics, and raw materials, along with maintenance shutdowns at key plants, as drag factors on profitability. In a strategic move, ACC approved acquiring a 26% stake in Amplus Andhra Power Private Limited to secure captive renewable energy generation, a deal expected to close by October 2026, as it eyes energy cost containment and cleaner power usage amid a soft demand outlook for FY27.
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