ACC Q1 results: Profit falls 61% YoY to Rs 147 crore as revenue, volumes decline

ACC reported a 61 percent year-on-year fall in Q1 profit after tax to Rs 147 crore, down from Rs 376 crore a year earlier, as revenue declined to Rs 5,808 crore from Rs 6,328 crore. Operating EBITDA fell to Rs 457 crore from Rs 779 crore, with margins narrowing to 7.9 percent from 12.3 percent, while cement sales volume dropped to 10 million tonnes from 10.7 million tonnes. The company attributed the weakness to planned maintenance at larger integrated units, higher master supply agreement volumes with parent Ambuja Cements, and cost pressures from the West Asia conflict.