Ramco Cements Q1FY25 results: Net profit down 51% to Rs 36.57 crore

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Ramco Cements Q1FY25 results: Net profit down 51% to Rs 36.57 crore - Business Standard

Quick Summary:

The Ramco Cements Ltd on Thursday reported a 50.82 per cent decline in its consolidated net profit to Rs 36.57 crore in the June 2024 quarter due to a fall in cement prices and weak demand amid the Lok Sabha polls.

The company posted a net profit of Rs 74.36 crore during the April-June quarter of the previous fiscal, The Ramco Cements said in a regulatory filing.

Its revenue from operations fell 6.81 per cent to Rs 2,093.55 crore during the quarter under review against Rs 2,246.66 crore a year ago.