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Ramco Industries reports 2- fold jump in Q4 consolidated net profit

23 May 2023 Evaluate

Ramco Industries has reported results for fourth quarter (Q4) and year ended March 31, 2023.

The company has reported 2- fold jump in its net profit at Rs 33.21 crore for the quarter under review as compared to Rs 15.33 crore for the same quarter in the previous year. Total income of the company increased by 2.97% at Rs 315.89 crore for Q4FY23 as compared to Rs 306.77 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2- fold jump in its net profit at Rs 42.92 crore for fourth quarter ended March 31, 2023 as compared to Rs 20.21 crore for the same quarter in the previous year. However, total income of the company decreased by 9.64% at Rs 355.18 crore for Q4FY23 as compared to Rs 393.06 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 10.37% fall in its net profit at Rs 95.84 crore as compared to Rs 106.93 crore for the previous year. However, total income of the company increased by 10.27% at Rs 1339.15 crore for year under review as compared to Rs 1214.47 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 16.12% fall in its net profit of Rs 106.13 crore as compared to Rs 126.52 crore for the previous year. However, total income of the company increased by 0.71% at Rs 1479.11 crore for year under review as compared to Rs 1468.75 crore for year ended March 31, 2022.

Ramco Inds. Share Price

267.15 -1.80 (-0.67%)
24-Apr-2026 15:30 View Price Chart
Peers
Company Name CMP
Ultratech Cement 12057.00
Ambuja Cement 451.00
ACC 1410.00
Shree Cement 24970.00
Dalmia Bharat 1962.25
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