”ACC registered robust revenue growth across categories and geographies, with an increased focus on premium products and a targeted approach to customers and markets, delivering strong top-line growth. ACC's strategy remains focused on fundamental value drivers which reflect our priorities to support our customers and deliver attractive returns for our shareholders. Our performance over the last four quarters demonstrates our ability to remain ahead of the market challenges that have partially impacted both costs and the development of our markets. We will continue to focus on cost improvements, profitable revenue growth and innovations that create new value." said Neeraj Akhoury, Managing Director & CEO.
ACC Ltd, a member of the LafargeHolcim Group, is one of India’s leading producers of cement and ready mixed concrete. It has over 7800 employees, 17 cement manufacturing sites, 57 concrete plants and a nationwide network of over 50,000 retail outlets to serve its customers. With a world-class R&D centre in Mumbai, the quality of ACC’s products and services, as well as its commitment to technological development, make it a preferred brand in building materials. Established in 1936, ACC is counted among the country’s 'Most Sustainable Companies' and it is recognized for its best practices in environment management and corporate citizenship.
· Profitbefore tax rose by 48%
· OperatingEBITDA surged by 29%
· CementSales volume increased by 14%
· Readymix concrete volume up by 11%
Consolidated Financial Results for Q4 and YearEnded December 31, 2017
Sales Volume – Cement
Sales Volume – Ready mix Concrete
Million Cubic metres
Profit before Tax
Profit after Tax