Shares of Ramco Cements slipped nearly 3% in morning trade on Friday, August 8, after the company reported its financial results for the first quarter of FY26. While the bottom line showed a strong improvement, the market seemed less impressed by the overall revenue performance, triggering a decline in the stock price.
The company’s consolidated revenue for the quarter stood at ₹2,074.02 crore, slightly below the ₹2,093.55 crore recorded in the same period last year. This marks a 0.9% year-on-year decline, indicating a relatively flat top line. Despite this, Ramco Cements delivered a strong operating performance, with EBITDA rising 24% to ₹397.53 crore compared to ₹320.17 crore a year ago. Margins also improved notably, climbing to 19.2% from 15.3% in the previous year.
Net profit more than doubled to ₹85.03 crore, up from ₹37.16 crore in the same quarter last year—a 129% surge that suggests efficient cost management and improved profitability. However, this sharp improvement in earnings didn’t reflect in the stock price, which opened at ₹1,120.00 and fell to an intraday low of ₹1,086.50. The previous closing was at ₹1,136.90.
The stock has had a strong run over the past year, reaching a 52-week high of ₹1,209.00, while the 52-week low stands at ₹777.80.
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