Ramco Cements reports 99% fall in Q2 consolidated net profit

10 Nov 2022 Evaluate

The Ramco Cements has reported results for second quarter ended September 30, 2022.

The company has reported a fall of 97.78% in its net profit at Rs 11.47 crore for the quarter under review as compared to Rs 517.08 crore for the same quarter in the previous year. However, total income of the company increased by 19.46% at Rs 1793.20 crore for Q2FY23 as compared Rs 1501.03 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 99.28% in its net profit at Rs 3.71 crore for the quarter under review as compared to Rs 516.77 crore for the same quarter in the previous year. However, total income of the company increased by 19.22% at Rs 1800.61 crore for Q2FY23 as compared Rs 1510.33 crore for the corresponding quarter previous year.

The Ramco Cements Share Price

816.15 0.95 (0.12%)
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Peers
Company Name CMP
Ultratech Cement 9740.00
ACC 2494.75
Shree Cement 25800.00
Ambuja Cement 612.30
Dalmia Bharat 1940.05
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