India's ACC posts fall in quarterly revenue, profit as soaring costs erode margins

Adani Enterprises

24/07/2026 10:42

    July 24 (Reuters) - Adani Group-owned cement maker ACC ACC.NS reported a decline in first-quarter revenue and profit on Friday, with rising fuel and logistics costs more than eroding gains from a modest increase in cement sales volumes, underscoring margin pressure across the industry.

Here are some more details:
Net profit after tax fell 61.6% in the quarter ended June 30 to 1.48 billion rupees, while revenue dropped 8.1%. 
Sales volumes stood at 10 million tonnes.
Cement demand is expected to remain soft at about 5% for FY27, the company said.
CEO Vinod Bahety says profit was hurt by maintenance shutdowns at key plants and higher service-related charges paid to parent Ambuja Cements.
Rising costs of key raw materials like petcoke, coal and diesel hurt margins for cement makers, a headwind for the entire sector.
Investors are closely watching for progress on cost and operational synergies between ACC and Ambuja Cements ABUJ.NS as the Adani Group aims to expand its market share.
On Monday, India's largest cement maker and peer UltraTech Cement ULTC.NS reported a near 17% rise in first-quarter profit and unveiled plans to increase capacity addition in fiscal 2028.    

 (Reporting by Urvi Dugar and Abhinav Parmar in Bengaluru; Editing by Subhranshu Sahu and Nivedita Bhattacharjee)
 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))