Ramco Cements Q3 net plunges 59%
The Hindu
The Ramco Cements Ltd. has posted a 59% drop in its standalone net profit for the third quarter ended December to ₹83 crore on account of weak demand. Sales from products rose 16% to ₹1,541 crore. EBI
The Ramco Cements Ltd. has posted a 59% drop in its standalone net profit for the third quarter ended December to ₹83 crore on account of weak demand.
Sales from products rose 16% to ₹1,541 crore. EBIDTA contracted 41% on account of a sharp increase in fuel prices and drop in cement prices, it said in a statement.
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