Ramco Cements Q2 PBT up 25% to Rs 216 cr on pricing, better volumes

Total income up 11% to Rs 1,332 cr; exports grow by 39%

Ramco Cements Ltd has posted a pre-tax profit of Rs 216.21 crore during the quarter ended September 30, 2019, up 25.3 per cent over a profit-before-tax figure of Rs 172.6 crore earned during the same quarter the preceding year. Higher volumes and favourable pricing helped the company beat market expectations, market analysts said.

The company said it has been constantly introducing cost-reduction measures and improving productivity while maintaining quality. Ramco has been striving continuously to optimise supply chain efficiency, a company statement said. Its total income grew 11.3 per cent to Rs 1,332.08 crore, from Rs 1,196.67 crore during the corresponding