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Ramco Industries reports 48% fall in Q3 consolidated net profit

22 Jan 2022 Evaluate

Ramco Industries has reported results for third quarter ended December 31, 2021.

The company has reported fall of 44.25% in its net profit at Rs 15.94 crore for the quarter under review as compared to Rs 28.59 crore for the same quarter in the previous year. However, total income of the company increased by 3.93% at Rs 271.00 crore for Q3FY22 as compared Rs 260.76 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 47.83% in its net profit at Rs 37.39 crore for the quarter under review as compared to Rs 71.67 crore for the same quarter in the previous year. However, total income of the company increased by 11.50% at Rs 340.83 crore for Q3FY22 as compared Rs 305.69 crore for the corresponding quarter previous year.

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