Latest News | Ramco Cements Q1 Net Profit Up 46 Pc to Rs 172 Cr

Get latest articles and stories on Latest News at LatestLY. The Ramco Cements Ltd on Tuesday reported a 46.10 per cent increase in consolidated net profit at Rs 171.67 crore for the quarter ended June, helped by growth in sales

New Delhi, Jul 27 (PTI) The Ramco Cements Ltd on Tuesday reported a 46.10 per cent increase in consolidated net profit at Rs 171.67 crore for the quarter ended June, helped by growth in sales

The company had posted a net profit of Rs 117.50 crore during the April-June period of the previous fiscal, it said in a regulatory filing.

Total income was up 17.33 per cent to 1,239.99 crore during the quarter under review as against Rs 1,056.79 crore in the corresponding period of the previous fiscal.

Total expenses were at Rs 988.46 crore in Q1 FY 2021-22, up 9.91 per cent from Rs 899.29 crore earlier.

Shares of Ramco Cements on Tuesday settled at Rs 1,060.20 on BSE, down 5.60 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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