ACC Q4 Results: Net Profit At Lifetime High

ACC's clinker and cement sales volume for Q4 were up 23.5% year-on-year at 10.4 million tonne, while the annual sales volume for FY24 stood at 36.9% million tonne, marking a 20.3% increase as compared with the previous financial year.

Ebitda growth was supported by lower kiln fuel costs, which decreased 19% YoY in Q4 from Rs 2.35 per '000 kilocal to Rs 1.91. On an annual basis, fuel costs were down by 30%, according to the press release. Improvement in fuel costs was driven by a change of fuel basket and higher consumption of alternative fuel.

ACC's waste heat recovery system's contribution as a percentage of total power consumption was up by 1 percentage point to 8.2% for the quarter. The cement-maker also commissioned 16.3 MW of waste heat recovery systems in Q3 FY24, which helped the increased contribution. The WHRS facility at Chanda of 18 MW, and Wadi with 21.5 MW is also on track to be commissioned in Q2 FY25, the company said.