ACC Limited Announces Quarterly Results and Completes Strategic Acquisition of Stake in Amplus Andhra Power
ACC Limited announced the unaudited financial results for the quarter ended June 30, 2026, following a board meeting held on July 24, 2026. The company also disclosed the acquisition of a minority stake in Amplus Andhra Power Private Limited.The board meeting approved both the standalone and consolidated unaudited financial results for the quarter. Among other developments reported during this period, ACC Limited confirmed the provision of an Inter-Corporate Deposit (ICD) totaling ₹3,900 Crore to its Holding Company, Ambuja Cements Limited.
Financial Performance Overview
The company's Q1 2026 results reflected revenue and expense figures across both standalone and consolidated accounts.Standalone Financial Results for the Quarter Ended June 30, 2026
| Particulars | Value (₹ in Crore) |
|---|---|
| Total Income | 5,825 |
| Total Expenses | 5,603 |
| Profit After Tax | 148 |
Consolidated Financial Results for the Quarter Ended June 30, 2026
| Particulars | Value (₹ in Crore) |
|---|---|
| Total Income | 5,861 |
| Total Expenses | 5,639 |
| Profit After Tax | 147 |
Strategic Acquisition and Corporate Developments
Acquisition of Amplus Andhra Power StakeThe board approved the acquisition of a 26% equity share in Amplus Andhra Power Private Limited. The company acquired 9,58,548 equity shares for an approximate cost of INR 53.1 Mn. This strategic move is intended to serve as a captive consumer, allowing ACC Limited to off-take electricity generated from the project under the prescribed captive consumption framework. Amplus Andhra Power Private Limited, which operates in Infrastructure and Renewable Energy, was incorporated on October 24, 2016, and its total revenue stood at 99.40 Mn for FY 2023 and 85.40 Mn for 2025. The acquisition is expected to be completed by October 30, 2026.
Amalgamation Status with Ambuja Cements Limited
The company reiterated the Scheme of Amalgamation approved in December 2025 with Ambuja Cements Limited. Upon completion, the Amalgamated Company will issue and allot 328 equity shares of face value ₹2 each for every 100 equity shares of face value ₹10 held by shareholders in ACC Limited.
Financial Benefits and Litigation Status
In reviewing its financials, the company noted a reversal of ₹594 Crore related to tax adjustments for earlier periods, stemming from favorable High Court decisions in similar matters. Furthermore, the company received tax refunds along with interest totaling ₹205 Crore pertaining to orders issued by CIT(A) regarding AY 2015-16, AY 2018-19, and a rectification order for AY 2024-25.
Ongoing Legal Disputes
The company continues to manage several significant legal matters in both its standalone and consolidated operations:CCI Penalty Dispute (₹1,148 Crore)
Regarding the CCI penalty imposed in 2016 on grounds of alleged cartelisation, the Supreme Court admitted the appeal against the ruling that was upheld by NCLAT. The matter is currently before the High Court, with final arguments scheduled for July 29, 2026, after initial arguments were conducted between July 16 and July 23, 2026.
Haryana CCI Penalty Dispute (₹35 Crore)
A separate penalty imposed by the CCI in January 2017 concerning alleged collusive bidding is currently pending before NCLAT for hearing on August 18, 2026.
Mining Royalty Dispute in Karnataka
The company maintains an ongoing dispute with the Department of Mines & Geology (DMG) regarding royalty calculation for its captive limestone mining lease operations in Wadi, Karnataka. Following a judgment by the Hon'ble High Court of Chhattisgarh stating that cess could not be levied on mining leases, the management has assessed entitlement to a refund of ₹125 Crore for the company. The matter related to additional demand of royalty totaling ₹492 Crore since 1995-96 is still pending before the Hon'ble Karnataka High Court.
ACC Limited also confirmed that it approved the temporary suspension of manufacturing operations at certain facilities as part of a strategic review aimed at improving operational efficiency and optimizing capital allocation, noting that this closure does not require impairment provision.
ACC Stock Price Movement
ACC Limited's shares slipped today, closing at ₹1322.6 after shedding 0.85% of their value. The stock saw trading volume reach 151,027 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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