ACC Q4 FY26 results: Profit drops 68%, ₹7.5 dividend

What ACC reported for the March quarter

ACC Ltd, the Adani Group-owned cement maker, reported a sharp decline in consolidated profitability for the March quarter (Q4 FY26), according to a regulatory filing. Consolidated net profit fell 68.28% year-on-year (YoY) to ₹238.25 crore, compared with ₹751.03 crore in the year-ago period. The company linked the hit to profitability to elevated cost pressures amid the ongoing West Asia conflict.

At the same time, ACC posted a strong rise in revenue from operations, showing that demand and dispatches were firmer even as costs climbed. The results were announced after market hours. Earlier in the session, ACC shares ended 0.70% lower at ₹1,426.55 on the BSE.

Revenue rose, but costs rose faster

ACC’s revenue from operations increased 17.96% YoY to ₹7,124.47 crore in Q4 FY26, up from ₹6,039.70 crore in the corresponding quarter last year. While the higher top line reflected better operating momentum, the cost line moved even more sharply.

Total expenses jumped 22.71% YoY to ₹6,826.24 crore, compared with ₹5,562.85 crore a year earlier. In its filing, the company attributed the pressure to higher input and operating costs. The combination of higher expenses and elevated cost pressures led to a steep fall in net profit, despite the growth in revenue.

Record quarterly sales volume at 11.9 million tonnes

ACC highlighted that it achieved its highest-ever quarterly sales volume at 11.9 million tonnes (MnT) in Q4 FY26. The company said this represented 8% YoY growth, signalling improved offtake during the quarter.

For cement companies, volume growth is an important operating metric because it can support revenue even when pricing is volatile. However, the quarter’s outcome also shows that higher dispatches do not automatically translate into higher profitability when costs rise faster than revenue.

Dividend announced: ₹7.50 per share

Alongside its quarterly earnings, ACC’s board recommended a final dividend of ₹7.50 per equity share of face value ₹10 each for FY26, subject to shareholder approval. The company also reiterated the same in its disclosure to the exchanges.

ACC fixed June 12, 2026, as the record date for determining eligibility. The company said the dividend, if declared by shareholders at the ensuing annual general meeting (AGM), shall be paid on or after July 1, 2026, subject to tax deduction at source, as applicable.

Key numbers snapshot

Corporate actions calendar referenced by the company

ACC’s corporate actions list in the shared data set includes the Q4 FY26 audited results and final dividend item dated April 30, 2026, along with prior quarterly results dates.

West Asia conflict and cost pressures: what the filing said

ACC explicitly cited elevated cost pressures amid the ongoing West Asia conflict as a factor affecting profitability. While the filing extract does not break down cost items, it connects the quarter’s margin compression to external pressures influencing operating costs.

For investors, this is a reminder that cement earnings can swing sharply with changes in fuel, freight, and other input costs. In this quarter, the headline message was clear: revenue rose at a healthy pace, but expenses grew even faster.

Market reaction and what investors will track next

Because the results were announced after market hours, immediate price discovery was limited to the day’s close, when the stock ended 0.70% down at ₹1,426.55 on the BSE. The next trading session typically reflects how the market weighs the profit decline against volume growth and the dividend recommendation.

From the disclosed information, the near-term focus areas are straightforward: whether cost pressures ease, whether revenue growth can be sustained, and how operating costs trend relative to dispatch volumes. Investors will also track the dividend timeline, including the June 12, 2026 record date and the post-AGM payment schedule on or after July 1, 2026.

Conclusion

ACC’s Q4 FY26 result combined strong revenue growth and record quarterly volumes with a steep drop in consolidated net profit, as total expenses rose faster amid elevated cost pressures linked to the West Asia conflict. The board’s recommended dividend of ₹7.50 per share sets clear next milestones, with the record date on June 12, 2026, and payment on or after July 1, 2026, if approved by shareholders.