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News Ramco Cements increases sales and profit in first nine months of 2023 financial year

Ramco Cements increases sales and profit in first nine months of 2023 financial year

Written by Global Cement staff 08 February 2023
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India: Ramco Cements recorded revenues of US$674m during the first nine months of its 2023 financial year, up by 33% year-on-year from US$509m in the corresponding period of the 2022 financial year. Costs rose, including a 45% rise in the company’s raw material costs to US$110m from US$76m. This precipitated a 75% decline in the producer’s net profit, to US$23m from US$93.1m.

Published in Global Cement News
Tagged under
  • India
  • Ramco Cement
  • Results
  • GCW594

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