 "Ramco seeks to cement a place in the east")
The Ramco Cements has reported a net profit of Rs 156 crore during the quarter ended June 30, 2017, as against Rs 155.93 crore, a year ago. Revenue rose to Rs 1,194.01 crore from Rs 1,123.97 crore.
Sale of cement increased by four per cent during the quarter despite slowdown in demand in Tamil Nadu, due to drought and shortage of river sand. The state is a stronghold of the company,
However, company's efforts in other markets, especially in East, helped.
However, company's efforts in other markets, especially in East, helped.
Sales in the domestic market grew to 2.12 million tonnes during the quarter from 2.04 million tonnes, a
