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News ACC struggles amid rising costs

ACC struggles amid rising costs

Written by Global Cement staff 20 July 2015
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India: Rising costs have reduced ACC's profit substantially in the April – June 2015 quarter, despite its revenues meeting expectations.

In spite of selling more cement, ACC's net realisation fell by 3% compared to the January - March 2015 quarter and was also slightly lower year-on-year. The fall was attributed to low cement prices in the June 2015 quarter, which is normally robust considering the fast-paced pre-monsoon activity, as well as a significant rise in operating cost per tonne. ACC's June quarter performance reflects the trend of cost pressures and weak realisations across the sector.

Last modified on 22 July 2015
Published in Global Cement News
Tagged under
  • India
  • ACC
  • Results
  • GCW210

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