You are here: Home » Companies » Results
Business Standard

Ramco Cements Q4 net profit declines 26% to Rs 134 crore

The company had posted a net profit of Rs 182 crore in the January-March period a year-ago

Press Trust of India  |  New Delhi 

Ramco Cements Q4 net profit declines 26% to Rs 134 crore

on Tuesday reported a 26.29 per cent decline in its to Rs 134.47 crore for the fourth quarter ended March 31.

The company had posted a net profit of Rs 182.44 crore in the January-March period a year-ago, said in a filing.


Its total from operations during the quarter under review was up 3.39 per cent to Rs 1,195.77 crore, as against Rs 1,156.46 crore in the corresponding quarter of previous financial year.

The company's total expenses were up 10.53 per cent to Rs 1,003.87 crore during the quarter, compared to Rs 908.19 crore a year ago.

The total sales volume was up 9.78 per cent at 22.77 lakh tonnes in the quarter, as against 20.74 lakh tonnes in the year-ago period.

For the entire FY17, net profit stood at Rs 649.29 crore, up 19.75 per cent, from Rs 542.19 crore in the previous financial year.

Its total for the current financial year stood at Rs 4,607.03 crore, up 9.18 per cent, compared to Rs 4,219.34 crore in the previous year.

In a separate filing, informed the exchange that its board, in a meeting held today, has recommended a dividend of Rs three per share of Rs one each for FY17.

Shares of were trading at Rs 686.60 on BSE, up 0.96 per cent from previous close.

First Published: Tue, May 30 2017. 15:13 IST
RECOMMENDED FOR YOU