ACC LTD
CONSOLIDATED
RESULTS FOR Q2 CY 2014
APRIL-JUNE 2014
Q2CY14
|
Q2CY13
|
HY1CY14
|
HY1CY13
|
||
Sales Volume-cement
|
Million Tonnes
|
6.35
|
6.12
|
12.83
|
12.54
|
Sales
Turnover
|
Crore-Rs
|
3008.99
|
2790.38
|
5976.13
|
5696.35
|
Operating EBITDA
|
Crore-Rs
|
452.12
|
490.1
|
877.19
|
981.67
|
PBT
|
Crore-Rs
|
338.45
|
366.55
|
721.63
|
808.63
|
Net Profit
|
Crore-Rs
|
243.15
|
261.76
|
643
|
700.05
|
During the quarter ended
June 2014, the company’s total consolidated turnover was Rs.3008.99 crores as
compared to Rs.2790.38 crores in the second quarter of 2013.
EBITDA in this quarter was Rs.452.12
crores as against Rs.490.10 crores in the second quarter of 2013.
Profit after Tax in the
quarter was Rs.243.15 crores as against Rs.261.76 crores in the second quarter of the previous
year.
Manufacturing and
distribution costs continued to face escalation, though we derived some benefits
from the ongoing cost leadership programme and an increase in the sales of premium
products.
Demand for cement showed
some improvement and the company’s overall sales volumes during the quarter
improved by 4 per cent, as compared to the corresponding period of the previous
year. We expect the positive trend in demand for cement to continue as a result
of government’s emphasis on housing and infrastructure development.
The Board of Directors has
approved an interim dividend of Rs.15/-
per equity share of Rs.10/- each as compared to the interim dividend of Rs.11/- per equity share paid
in 2013.
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