Ramco Cements to invest INR35bn in expansion programme
India’s Ramco Cements has confirmed plans to invest INR35bn (US$501m) to expand its production capacity from 12Mt to 20Mt by 2020, following the conclusion of the country’s gene...
Ramco Cements
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Ramco Cements sees 50% advance in net profit
India’s Ramco Cements has reported a 50 per cent YoY increase in net profit to INR1.65bn (US$23.68m) for the 4QFY18-19, while revenue advanced 21 per cent to INR15.43bn. For the...
Ramco Cements records 15% revenue increase
India’s Ramco Cements Ltd has announced an 18 per cent fall in net profit to INR1.01bn (US$14.18m) for the quarter ending 31 December 2018, compared with INR1.23bn recorded in t...
Ramco Cements to build a 3.15Mta plant in Andhra Pradesh
India’s Ramco Cements has laid the foundation stone for a new 3.15Mta greenfield cement plant at Kalavatala, Kolimigundla Mandal, Andhra Pradesh. The environmental clearance has...
Ramco Cements to spend INR8.5bn on plant expansion
India’s Ramco Cements is investing INR8.5bn (US$120m) to increase capacity at its facility in Jayanthipuram, Andhra Pradesh, by 1.5Mta and construct a 27MW WHR system. The proje...
Ramco Cements reports 11% revenue increase in FY18
Ramco Cements Ltd has announced an 11 per cent YoY increase in revenue for FY18, rising to INR44.43bn (US$649.71m) from INR39.93bn of the previous year. However, its stand-alone...
Long-term rail freight rates secured for Ramco and Zuari
India’s South Central Railway (SCR) has signed a long-term tariff contract with Ramco Cements Ltd and Zuari Cements Ltd to transport freight traffic at fixed rates, according to...
Slow Tamil Nadu sales affect Ramco 3Q net profit
Ramco Cements has seen its 3QFY17-18 net profit dragged down on the back of lacklustre demand in its core market of Tamil Nadu, India. Net profit fell to INR1.227bn from INR1.51...
Ramco reports 2Q17 net profit of US$26m
Ramco Cements has reported a drop in net profit during the 2Q17-18, due to tough local market conditions in Tamil Nadu and increasing operating costs driven by increasing power,...
Petron receives new order from Ramco
Petron Engineering Construction Ltd has received work order for civil and mechanical works from India-based Ramco Cements Ltd for its Line-II grinding unit project at Kolghat in...