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Ramco Cements reports many fold jump in Q2 consolidated net profit

09 Nov 2023 Evaluate

The Ramco Cements has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported over 8-fold jump in its net profit at Rs 101.30 crore for the quarter under review as compared to Rs 11.47 crore for the same quarter in the previous year. Total income of the company increased by 30.65% at Rs 2342.79 crore for Q2FY24 as compared to Rs 1793.20 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported many fold jump in its net profit at Rs 72.00 crore for Q2FY24 as compared to Rs 3.71 crore for the same quarter in the previous year. Total income of the company increased by 30.63% at Rs 2352.09 crore for Q2FY24 as compared to Rs 1800.61 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Ultratech Cement 11700.00
Ambuja Cements 368.00
ACC 1170.60
Shree Cement 23905.60
Dalmia Bharat 1380.15
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