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Ramco Cements reports 52% rise in Q4 net profit

Ramco Cements has reported results for the fourth quarter and year ended March 31, 2019.

The company has reported a rise of 52.29% in its net profit at Rs 165.37 crore for the quarter ended March 31, 2019 as compared to Rs 108.59 crore for the same quarter in the previous year. Total income of the company increased by 21.17% at Rs 1,543.47 crore for quarter under review as compared to Rs 1,273.76 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a fall of 8.96% in its net profit at Rs 505.89 crore as compared to Rs 555.66 crore for the previous year. However, total income of company increased 12.42% at Rs 5,174.71 crore for year under review as compared to Rs 4,602.95 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted fall of 9.47% in its net profit at Rs 507.46 crore as compared to Rs 560.53 crore for the previous year. However, total income of company increased by 12.34% at Rs 5,187.30 crore for year under review as compared to Rs 4,617.67 crore for year ended March 31, 2018.

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