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Ramco Cements reports 2-fold jump in Q2 consolidated net profit

25 Oct 2021 Evaluate

The Ramco Cements has reported results for second quarter ended September 30, 2021.

The company has reported 2-fold jump in its net profit at Rs 517.08 crore for the quarter under review as compared to Rs 235.77 crore for the same quarter in the previous year. Total income of the company increased by 18.63% at Rs 1,501.03 crore for Q2FY22 as compared Rs 1,265.31 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the owners at Rs 515.84 crore for the quarter under review as compared to Rs 243.52 crore for the same quarter in the previous year. Total income of the company increased by 18.60% at Rs 1,510.33 crore for Q2FY22 as compared Rs 1,273.47 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 11746.35
Ambuja Cements 372.60
ACC 1184.70
Shree Cement 24150.00
Dalmia Bharat 1399.70
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