AMCD Acc Gds (Regs)

RNS Number:5068B
Associated Cement Companies Ld(The)
13 April 2006


                   1st Quarter (Jan-March 2006) Results (Consolidated)

                                          Quarter                Quarter                Growth
                                      Jan-March 2006          Jan-Mar-2005                 (%)

Sales Volume       Million Tonnes               5.06                  4.54                11.5

Sales Turnover     Rs.Crore                  1341.13               1182.82                13.4

Profit Before Tax  Rs.Crore                   287.42                157.74                82.2

Net Profit         Rs. Crore                  231.34                182.24                26.9


The company sold 5.06 million tonnes of cement as compared to 4.54 million
tonnes during January-March-05, an increase of 11.5%.  Turnover is up by 13.4 %
at Rs. 1341.13 crore during the quarter as compared to Rs. 1182.82 crore during
January-March-2005.


Improved volume and realization as offset by increase in cost of inputs
has resulted in higher profit before interest, depreciation, exceptional items
and tax at Rs. 368.91 crore during the quarter as compared to Rs. 239.00 crore
for the quarter January-March-2005.


Profit Before Tax for the quarter-(Jan-March 06) increased to Rs.287.42 crore as
compared Rs. 157.74 crore during quarter January-March-2005 - up by 82.2 %.
Profit After Tax for the quarter (Jan-March-06) increased to Rs.231.34 crore as
compared Rs. 182.24 crore during quarter January-March-2005 - up by  26.9 %.


The company has, during April-2006, sold its surplus land in Delhi for a 
consideration of Rs.140.20 crore.


New Projects/Modernization:

The additional grinding capacity of 6 lakh tonnes per annum at Gagal Unit-II has
commenced commercial production from April 4, 2006. The projects at Lakheri for
expansion of capacity and setting up 25 MW Captive Power Plant are progressing
as per schedule.


                                                       ......continued on page 2

Outlook:

The cement industry recorded a growth rate of about 9.44% during the calendar
year 2005 as compared to 8.27% for the previous period. In the quarter Jan-March
2006, it grew around 15.1% as compared to 7.4% for the corresponding period of
previous year. With the continued emphasis by the Government on infrastructure
sectors and housing sector, the demand for cement is expected to remain strong.

Organizational changes:

The Board of Directors at its meeting, today, approved the plan of
Organizational Changes, which will make the company more focussed on achieving
significant growth with regional approach and to give impetus to its Ready Mix
(RMX) business. As per the new plan Mr. Ashok Jain, Whole-time Director, who has
been supervising Cement Marketing, will now be the Whole-time Director
responsible for company's Ready Mix Concrete Business.


(M.L.Narula)
Managing Director

Mumbai

April 12, 2006

Paste the following link into your web browser to download the PDF document 
related to this announcement: 

http://www.rns-pdf.londonstockexchange.com/rns/5068b_-2006-4-13.pdf

  The Associated Cement Companies Limited, 121 Maharshi Karve Road, Mumbai 400
                               020. Tel: 56317435


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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