Ramco Cements’ profit falls by 6.3% in three months to 31 December 2019

Print this page

India: Ramco Cements’ profit in the three months to 31 December 2019 was US$13.3m, down by 6.3% year-on-year from US$14.2m. Revenues in the period rose by 5.3% to US$180m from US$171m. Sales volumes grew by 3.7% year-on-year to 28Mt from 27Mt.

A 100% capacity expansion of Ramco Cements’ 1.0Mt/yr Kolaghat grinding plant in West Bengal to 2.0Mt/yr, which begun in September 2019, is scheduled for completion in 2020.

Last modified on 05 February 2020

URL: https://globalcement.com/news/item/10382-ramco-cements-profit-falls-by-6-3-in-three-months-to-31-december-2019

© 2021 Pro Global Media Ltd. All rights reserved.