Ramco Cements has reported results for first quarter ended June 30, 2016.
The company has reported 57.12% rise in its net profit at Rs 155.93 crore for the quarter ended June 30, 2016 as compared to Rs 99.24 crore for the same quarter in the previous year. Total income of the company increased by 2.60% at Rs 973.95 crore for quarter under review as compared to Rs 949.24 crore for the quarter ended June 30, 2015.
Ramco Cements formally known as Madras Cements (MCL) was established in 1957 is part of Ramco Group, a well known business group of South India. It is based at Chennai. Ramco Supergrade is the most popular cement brand in South India.
| Company Name | CMP |
|---|---|
| Ultratech Cement | 12032.20 |
| Ambuja Cement | 456.35 |
| ACC | 1438.00 |
| Shree Cement | 25575.30 |
| Dalmia Bharat | 1989.95 |
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