Ramco Cements posts 47% rise in net profit
India’s Ramco Cements has reported a 47 per cent rise in net profit to INR2.14bn (US$29.4m) in the final quarter of the FY20-21, compared to INR1.46bn in the year-ago period. Ne...
Ramco Cements
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Ramco Cements sees 4% rise in revenue
India’s Ramco Cements has reported a four per cent YoY rise in revenue from operations to INR13.24bn (US$181.55m) for the December 2020 quarter. Gross earnings advanced 91 per c...
Ramco Cements posts 40% increase in net profit
India’s Ramco Cements has reported a 40 per cent YoY increase in net profit to INR2.36bn (US$31.69m) for the second quarter of the FY20-21. However, revenue was down 4.6 per cen...
Ramco Cements inaugurates new grinding unit
India’s Ramco Cements has commissioned its new 0.9Mta grinding unit in Odisha. The plant represents an investment of INR7.1bn (US$97m). The company had been marketing around 1Mt...
Ramco Cements installs new 9MW WHR unit
India’s Ramco Cements has commissioned a 9MW waste heat recovery unit at its Jayanthipuram cement plant in Andhra Pradesh. Two more 9MW waste heat recovery systems are being ins...
Ramco Cements aims to be debt-free in three years
India’s Ramco Cements has announced plans to become debt-free in three years, while noting that FY20-21 will be a challenging year for the company. "While the initial few months...
Ramco Cements posts 18% profit increase in FY19-20
India’s Ramco Cements recorded a 13.2 per cent YoY decline in consolidated net profit to INR1.43bn (US$18.8m) during the 4QFY19-20, compared with INR1.65bn in the year-ago perio...
Indian lockdown leaves plant staff stranded
Following the Indian lockdown as a response to the COVID-19 outbreak, Ramco Cements has stopped production at its plant in Haridaspur, Jajpur. However, around 400 workers from o...
Ramco Cements records 5% revenue rise
India’s Ramco Cements saw a 6.3 per cent YoY decline in standalone net profit for the quarter ending 31 December 2019, falling to INR950m (US$13.28m) from INR1.01bn. However, re...
Ramco Cements expects price hike in Indian states
India's Ramco Cements Ltd has stated that a cement price hike in Telugu states is imperative as prices are unviable for manufacturers. "Companies have to increase cement prices ...