ACC: Inflationary pressures wreak havoc on Q3 margins
Though a high-quality business and the long-term outlook is good post Adani acquisition, the current stock valuation and fuel-related risks make us cautious for now18-10-2022
ACC: Inflationary pressures wreak havoc on Q3 margins
Though a high-quality business and the long-term outlook is good post Adani acquisition, the current stock valuation and fuel-related risks make us cautious for nowQ2FY23 Quarterly Result Announced for ACC Ltd.
Cement manufacturing company ACC announced Q2FY23 results: ACC recorded net sales of Rs 3,910 crore as compared to Rs 3,653 crore in the same quarter last year. EBITDA for the quarter ended September 30, 2022, stood at Rs 16 Crore largely due to steep rise in fuel cost. “The post-monsoon quarter will see the traditional rebound for the cement sector, including for ACC. We have had significant cost pressures in the recent past due to steep fuel price rise. However, recent cooling off in energy costs will impact us positively in the coming quarters". said Mr. B. Sridhar, Whole Time Director & CEO ACC Limited. “During the quarter, ACC recorded strong growth in RMX volume of 10% and RMX business remains a huge growth engine for future. We have aggressive growth plans and our capacity expansion initiative through our new green field projects at Ametha is progressing well and is expected to be commissioned by March 2023.” Result PDFACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Change in Registered Office Address
Change in the Registered Office and consequent alteration of Memorandum of Association of ACC LimitedACC LTD. - 500410 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release- Outcome of the Board Meeting for the quarter ended September 30, 2022- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015ACC LTD. - 500410 - Outcome Of The Board Meeting For The Quarter And Nine Months Ended September 30, 2022- SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Outcome of the Board Meeting for the quarter and nine months ended September 30, 2022 -SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015ACC LTD. - 500410 - Outcome Of The Board Meeting For The Quarter And Nine Months Ended September 30, 2022- SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Outcome of the Board Meeting for the quarter and nine months ended September 30, 2022 -SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015ACC LTD. - 500410 - Board Meeting Outcome for Outcome Of The Board Meeting For The Quarter And Nine Months Ended September 30, 2022 - SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Outcome of the Board Meeting for the quarter and nine months ended September 30, 2022 - SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015ACC Q2 PAT may dip 47.6% YoY to Rs. 236 cr: KR Choksey
Net Sales are expected to increase by 13.1 percent Y-o-Y (down 5.1 percent Q-o-Q) to Rs. 4,241.2 crore, according to KR Choksey.ACC LTD. - 500410 - Board Meeting Intimation for Intimation Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Board Meeting To Consider Unaudited Financial Results Of ACC Limited For The Quarter Ended September 30, 2022
ACC LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/10/2022 ,inter alia, to consider and approve Intimation under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Board Meeting to consider Unaudited Financial Results of ACC Limited for the quarter ended September 30, 2022ACC LTD. - 500410 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 as amended for the quarter ended September 30, 2022