Shares of The Ramco Cements dropped over 3 percent after the company reported weak consolidated earnings for the quarter that ended in September. The results showed declines in both profit and revenue on an annual and sequential basis.At 11:50 AM, shares traded at Rs 882, marking a 3 percent drop. Year-to-date, the stock has fallen 13 percent, underperforming the Nifty 50, which has risen over 9 p...

NEW DELHI – Shares of Ramco Cements NSE -6.84 % tumbled close to 8 per cent in early trade Tuesday as the company reported a 59 per cent decline in standalone profit in October-December to Rs 83 crore on account of faltering demand.Sales from products, however, rose 16 per cent to Rs 1,541 crore for the quarter under review.The company’s scrip fell to a low of Rs 827 against the previous clo...

Ramco Cements Ltd reported a higher-than-anticipated fall in sales volumes in the June quarter. On a year-on-year (y-o-y) basis, volumes fell around 11% due to the prolonged lockdowns in its key markets of Tamil Nadu, Kerala and Karnataka. On a sequential basis, the impact on volumes was more pronounced with a 33?cline.However, the sharp increase in realisations due to the pricing discipline in th...

MUMBAI: South-focused The Ramco Cements Ltd reported muted numbers for the March quarter, especially on the operating front. Its Ebitda at Rs450 crore fell 10-12% short of analysts' expectations.According to analysts at Motillal Oswal Financial Services Ltd, the sequential decline in Ebitda/tonne at Rs1,399 was weighed down by higher costs and lower realisations. Ebitda is short for earnings befor...