Ramco Cements Net Up 55%

Ramco Cements Q2 Results Show a 55% Jump In Net Profits

Chennai Based Cement Major Ramco Cements Limited has posted its September 2015 Quarter results which shows excellent performance riding on an efficient performance coupled with some good cost controls.

The company has reported a net profit of ₹138.72 crore for the quarter ended September 30, 2015 as against ₹89.71 crore for the corresponding quarter a year ago.
Total revenue stood at ₹893.92 crore for the quarter ended September 30, 2015 as against ₹953.83 crore for the corresponding quarter a year ago.
Cement sales was reported at 17.11 lakh tonnes as against 19.43 lakh tonnes for the corresponding quarter a year ago.

In related figures,
Finance costs dropped to ₹45.26 crore for the quarter ended September 30, 2015 as against ₹47.99 crore for the corresponding quarter a year ago.
Power and fuel costs dropped to ₹135.77 crore for the quarter ended September 30, 2015 as against ₹185.19 crore for the corresponding quarter a year ago.
Transportation and handling costs dropped to ₹155.60 crore for the quarter ended September 30, 2015 as against ₹202.73 crore for the corresponding quarter a year ago.