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Ramco Industries Ltd Q2FY24; 4% rise in Revenue

Part of the Chennai-based Ramco Group; Ramco Industries Ltd. is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). Company is also engaged in the spinning of cotton yarn; sale of surplus electricity generated from its windmills and computer software.

Financial Results:

Ramco Industries Ltd reported Revenues for Q2FY24 of ₹315.82 Crores up from ₹303.70 Crore year on year, a rise of 3.99%.

Total Expenses for Q2FY24 of ₹301.44 Crores up from ₹285.91 Crores year on year, a rise of 5.43%.

Consolidated Net Profit of -₹4.15 Crores from ₹2.58 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.48, from ₹0.30 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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