Ramco Cements reports 40% fall in Q1 consolidated net profit
17th Aug 2020

The Ramco Cements has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 42.91% in its net profit at Rs 109.60 crore for the quarter under review as compared to Rs 191.97 crore for the same quarter in the previous year. Total income of the company decreased by 24.44% at Rs 1,051.90 crore for Q1FY21 as compared Rs 1,392.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 39.62% in its net profit attributed to shareholders at Rs 117.25 crore for the quarter under review as compared to Rs 194.20 crore for the same quarter in the previous year. Total income of the company decreased by 24.34% at Rs 1,056.79 crore for Q1FY21 as compared Rs 1,396.82 crore for the corresponding quarter previous year.