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Ramco Cements reports 64% fall in Q3 consolidated net profit

25 Jan 2022 Evaluate

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

The company has reported fall of 58.99% in its net profit at Rs 82.57 crore for the quarter under review as compared to Rs 201.35 crore for the same quarter in the previous year. However, total income of the company increased by 15.64% at Rs 1555.88 crore for Q3FY22 as compared Rs 1345.42 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 63.60% in its net profit at Rs 75.24 crore for the quarter under review as compared to Rs 206.69 crore for the same quarter in the previous year. However, total income of the company increased by 15.49% at Rs 1558.69 crore for Q3FY22 as compared Rs 1349.58 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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