ACI, one of the largest conglomerates in Bangladesh, reported a massive loss in the third quarter of the 2024–25 fiscal year.

The company incurred a consolidated loss of Tk 13.69 crore in the January–March quarter, compared to a profit of Tk 1.65 crore in the same period a year ago.

However, it posted a 17 percent year-on-year growth in revenue in the third quarter of the 2024–25 fiscal year, with turnover reaching Tk 3,573.50 crore, according to its financial statements.

For the July–March period, the company logged total revenue of Tk 10,193.25 crore, registering a 9.6 percent year-on-year growth, driven by contributions from multiple business segments, ACI said.

The company's loss per share stood at Tk 1.12 for the quarter, whereas earnings per share were Tk 0.13 in the corresponding period of the previous fiscal year.

In the nine-month period that ended on March 31, ACI's consolidated loss per share widened to Tk 9.11 from Tk 7.18 a year earlier.

The company said gross profit growth during the period outpaced growth in operating expenses due to cost control initiatives, which contributed to an improvement in operating profit.

However, a rise in borrowing costs—driven by higher interest rates and additional funding requirements for working capital and strategic investments—led to a deterioration in the bottom line, as the company mentioned in the financial statements.

Its net operating cash flow per share stood at a negative Tk 83.11 for the July–March period, compared to a negative Tk 51.03 in the same period of the previous fiscal year, which ACI attributed to changes in working capital levels.

As of March 31, 2025, sponsors and directors held 43.16 percent of ACI shares, while institutional investors owned 35.79 percent and the general public 21.05 percent, according to data from the Dhaka Stock Exchange.