ACC Q4 RESULTS LIVE : PROFIT RISE BY 300.96% YOY

ACC Q4 Results Live : ACC, the leading cement manufacturer, announced their Q4 results on 25 Apr, 2024. The company reported a significant increase in both revenue and profit compared to the same quarter last year.

The topline of ACC saw a growth of 12.9% year-on-year, while the profit surged by an impressive 300.96% year-on-year. In comparison to the previous quarter, the revenue grew by 10.06% and the profit increased by 75.73% showcasing a strong performance.

The Selling, general & administrative expenses rose by 11.87% quarter-on-quarter and increased by 2.16% year-on-year. The operating income also witnessed a substantial increase, up by 24.17% quarter-on-quarter and 268.9% year-on-year.

ACC reported an Earnings Per Share (EPS) of ₹42.36 for Q4, marking a significant increase of 181.19% year-on-year.

In terms of market performance, ACC has delivered positive returns with 6.95% in the last 1 week, 35.78% return in the last 6 months, and 16.66% year-to-date return.

Currently, ACC commands a market capitalization of ₹48441.6 Cr with a 52-week high/low of ₹2746.4 & ₹1700 respectively.

Analysts covering the company have provided varied ratings, with 6 analysts giving a Sell rating, 6 analysts giving a Hold rating, 9 analysts giving a Buy rating, and 12 analysts giving a Strong Buy rating as of 27 Apr, 2024. The consensus recommendation as on the same date was to Buy.

Furthermore, ACC has declared a final dividend of ₹7.5 with an ex-dividend date of 14 Jun, 2024, rewarding its shareholders for their investment in the company.

Stay updated on quarterly results with our results calendar

2024-04-26T21:41:16Z dg43tfdfdgfd