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.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 5408.72 | 4914.36 | +10.06% | 4790.91 | +12.9% |
| Selling/ General/ Admin Expenses Total | 1268.6 | 1133.97 | +11.87% | 1241.8 | +2.16% |
| Depreciation/ Amortization | 235.03 | 235.23 | -0.09% | 176.75 | +32.97% |
| Total Operating Expense | 4577.41 | 4244.87 | +7.83% | 4565.56 | +0.26% |
| Operating Income | 831.31 | 669.49 | +24.17% | 225.35 | +268.9% |
| Net Income Before Taxes | 885.04 | 729.31 | +21.35% | 331.35 | +167.1% |
| Net Income | 944.79 | 537.63 | +75.73% | 235.63 | +300.96% |
| Diluted Normalized EPS | 42.36 | 28.55 | +48.39% | 15.07 | +181.19% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹944.79Cr
Question : What is Q4 revenue?
Ans : ₹5408.72Cr
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Published: 27 Apr 2024, 02:48 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.