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The Ramco Cements Ltd Q2FY24; 818% rise in Profits

Ramco Cements Ltd is engaged in manufacture of cement, Ready Mix Concrete (RMC) and Dry mortar products. It primarily caters to the domestic market of India.

Financial Results:

The Ramco Cements Ltd reported Revenues for Q2FY24 of ₹2,329.00 Crores up from ₹1,784.00 Crore year on year, a rise of 30.55%.

Total Expenses for Q2FY24 of ₹2,205.00 Crores up from ₹1,778.00 Crores year on year, a rise of 24.02%.

Consolidated Net Profit of ₹101.00 Crores up 818.18% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.29, up 775.51% from ₹0.49 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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