The Ramco Cements Limited has announced its unaudited standalone and consolidated financial results for the third quarter and nine months ending December 31, 2024. The company reported a robust revenue from operations, driven by strong demand in the cement sector.
Key Financial Highlights (Standalone)
- Revenue from Operations: ₹2,038.21 crore for Q3 FY25, marking a steady rise compared to the previous quarter.
- Net Profit After Tax: ₹25.58 crore for the quarter, with earnings per share (EPS) at ₹1.08.
- Total Comprehensive Income: ₹339.77 crore, reflecting gains from investment sales and surplus land disposals.
On a consolidated basis, Ramco Cements reported total revenue of ₹1,983.45 crore for the quarter, with a net profit of ₹25.77 crore. The company benefited from strategic sales of investments and surplus land, contributing ₹290.12 crore and ₹38.88 crore, respectively, to exceptional income.
Ramco Cements continues to maintain a strong foothold in the cement industry, focusing on efficiency in material costs, freight handling, and power consumption. The company has emphasized optimizing logistics and fuel costs to maintain profit margins.
Despite challenges such as fluctuating raw material costs and regulatory issues, including an ongoing appeal against a ₹258.63 crore penalty imposed by the Competition Commission of India (CCI), the company remains optimistic about its financial stability.
The management expects steady growth in the coming quarters, supported by infrastructure projects and an anticipated rise in construction demand. The board remains committed to enhancing operational efficiencies and exploring new market opportunities.
