ACC Share Price Live blog for 30 Oct 2023
ACC stock price went down today, 30 Oct 2023, by -0.99 %. The stock closed at 1900.9 per share. The stock is currently trading at 1882 per share. Investors should monitor ACC stock price closely in the coming days and weeks to see how it reacts to the news.
ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the provisions of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that an investors/analyst conference call on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2023 is scheduled on Wednesday, November 01, 2023 at 2:00 pm onwards. The above intimation is also available on the website of the Company i.e. www.acclimited.com. ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication of extract of Consolidated Financial Results for the quarter and half year ended September 30, 2023. ACC logs net profit of 388 cr on lower cost, better realisation
The income increased 11 per cent to 4,645 crore (4,057 crore) in the quarter under review ACC LTD. - 500410 - Regulation 30 Read With Clause 7 And 7C Of Para A Of Part A To Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations).
Appointment and Resignation of Senior Management Personnel due to inter-se transfer in the Group Company. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for ACC Ltd.
Cement & Cement Products company ACC announced Q2FY24 & H1FY24 results: Q2FY24: Revenue grew by 11.2% at Rs 4,435 crore. EBITDA stood at Rs 759 crore (up by Rs 673 crore) driven by cost savings & operational efficiency EBITDA margin expanded by 14.2 pp from 2.1% to 16.3%. H1FY24: Revenue grew by 14% at Rs 9,636 crore. EBITDA up by Rs 1,041 crore, at Rs 1,607 crore. EBITDA margin expanded by 9.6 pp from 6.6% to 16.2% Ajay Kapur, Whole Time Director & CEO, ACC said, “In continuation of our strong performance from the first quarter, we are pleased to announce a spectacular second quarter of FY 2023-24, witnessing a 11.2% YoY surge in revenue, Rs 673 crore jump in EBITDA and improvement in PAT to Rs 388 crore. This commendable growth is attributed to the improved demand for our premium cement products up by 1.5 pp YoY at 32% of trade sales, Net dealer addition of 534 during the quarter across all markets, coupled with our commitment to enhancing operational efficiency and prioritizing environmental sustainability. In operational efficiencies, Electrical energy consumption improved by 6.4 kWh/t at 73.9 kWh/t with Clinker factor improvement from 57.2% to 56.6% coupled with a reduction in Kiln fuel cost from Rs 3.19 to Rs 1.85 /000 kcal. Our commitment to enhancing logistics efficiencies has resulted in a Road Direct Despatch increase from 52% to 58% and an increase in Rail coefficient by 5pp to 34%. One of the highlights of this quarter was the commencement of the Ametha Integrated plant in Madhya Pradesh thereby boosting our clinker capacity with an additional 3.3 MPTA, while our journey of green power through WHRS and Renewable Power continues and will boost our profitability apart from helping to achieve ESG targets. We are committed to reducing our carbon footprint and it remains at the forefront of our mission. In H1FY24, we have reduced Specific CO2 emissions by 13 kg/T of cementitious material to 466 kg/T of cementitious material YoY. Our strategies include optimising our industry-leading green blended cement portfolio at 93% of total sales, minimizing thermal and electrical energy intensity, the introduction of Waste Heat Recovery Systems across facilities, and a significant focus on boosting our renewable energy capacity and usage." Result PDF ACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Submission of Media Release on the Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended 30th September, 2023. ACC LTD. - 500410 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September, 2023 As Per SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting.
Unaudited Results (Standalone and Consolidated) for the quarter and half year ended 30th September 2023. ACC Share Price Live blog for 26 Oct 2023
ACC stock price went down today, 26 Oct 2023, by -0.65 %. The stock closed at 1902.65 per share. The stock is currently trading at 1890.35 per share. Investors should monitor ACC stock price closely in the coming days and weeks to see how it reacts to the news.