Ramco Cements Ltd’s net profit tanks 12% to Rs 143 cr for Q4FY20

New Delhi: The Ramco Cements Ltd’s consolidated net profit fell by about 12 percent to Rs 143 crore for the fourth quarter of 2019-20 fiscal as against a net profit of Rs 164 crore in the corresponding quarter of the previous fiscal.

The consolidated revenue from operations fell about 9 percent to Rs 1,381 crore for the fourth quarter of the 2019-20 fiscal as compared to Rs 1,526 crore in the corresponding period of the previous fiscal.   

For the entire financial year 2019-20, the company’s consolidated net profit jumped about 15 percent to Rs 605 crore as against a net profit of Rs 511 crore in the previous financial year.

For the entire financial year 2019-20, the consolidated revenue from operations of the company increased marginally to Rs 5,285 crore as compared to Rs 5,060 crore in the previous fiscal, the company said in a regulatory filing.

The total expenses of the company fell to Rs 1,218 crore in the fourth quarter of 2019-20 fiscal as against Rs 1,301 crore in the corresponding quarter of the previous fiscal. For the whole financial year 2019-20, the total expenses of the company jumped to Rs 4,630 crore as compared to Rs 4,469 crore in the previous fiscal.

 

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