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Ramco Cements reports 43% rise in Q2 consolidated net profit

30 Oct 2019 Evaluate

Ramco Cements has reported results for second quarter ended September 30, 2019. 

The company has reported 46.89% rise in its net profit at Rs 168.15 crore for the quarter under review as compared to Rs 114.47 crore for the same quarter in the previous year. Total income of the company increased by 11.47% at Rs 1,325.88 crore for Q2FY20 as compared Rs 1,189.45 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported 43.18% rise in its net profit at Rs 172.26 crore for the quarter under review as compared to Rs 120.31 crore for the same quarter in the previous year. Total income of the company increased by 11.32% at Rs 1,332.08 crore for Q2FY20 as compared Rs 1,196.67 crore for the corresponding quarter previous year.  

Peers
Company Name CMP
Ultratech Cement 10746.45
Ambuja Cements 349.00
ACC 1136.00
Shree Cement 22215.25
Dalmia Bharat 1619.75
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