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Ramco Cements Q3 profit down 17.6% to Rs 101-cr

Press Trust of India  |  New Delhi 

The Ramco Cements Tuesday reported a decline of 17.65 per cent in standalone net profit to Rs 101.07 crore for the third quarter ended December 31.

The company had posted a net profit of Rs 122.74 crore in the same period of previous fiscal, Ramco Cements said in a BSE filing.

However, its total income during the quarter under review was up 14.64 per cent to Rs 1,216.99 crore as against Rs 1,061.52 crore in the year-ago period.

Its total expenses stood at Rs 1,085.50 crore as against Rs 910.07 crore, up 19.27 per cent.

Ramco Cements' sales volume was up at 27.47 lakh tonnes compared to 22.74 lakh tonnes a year ago.

Shares of Ramco Cements was at Rs 569.15 on the BSE, down 0.04 per cent from the previous close.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 29 2019. 18:55 IST