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Ramco Industries reports 98% fall in Q3 consolidated net profit

30 Jan 2023 Evaluate

Ramco Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 63.99% in its net profit at Rs 5.74 crore for the quarter under review as compared to Rs 15.94 crore for the same quarter in the previous year. However, total income of the company increased 5.57% at Rs 286.10 crore for Q3FY23 as compared to Rs 271.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 97.75% in its net profit at Rs 0.84 crore for the quarter under review as compared to Rs 37.39 crore for the same quarter in the previous year. Total income of the company decreased 9.00% at Rs 310.16 crore for Q3FY23 as compared to Rs 340.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 10670.00
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Dalmia Bharat 1765.70
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