The Ramco Cements Defies Market Challenges with Strategic Growth

The Ramco Cements Ltd has demonstrated resilience amid market challenges, reporting a consolidated net profit of Rs 181.58 crore for the June quarter of FY26. This marks a significant improvement from the Rs 36.57 crore profit recorded in the same period last year. The company's performance was bolstered by rising cement prices and operational efficiencies.

Despite a marginal dip in revenue to Rs 2,074 crore, Ramco's cement sale volume and capacity utilization were adversely impacted by early monsoon rains in Kerala and unseasonal weather in eastern markets. These factors contributed to a 7% de-growth in sales volume, down to 4 million tonnes from 4.29 million tonnes in the previous fiscal's equivalent quarter.

Nevertheless, Ramco Cements has announced ambitious expansion plans, aiming to reach a cement capacity of 30 MTPA by March 2026 through commissioning new lines and optimizing existing facilities. The company's shares, however, experienced a drop, trading at Rs 1,064.35 on BSE, down 6.32% from the previous closing price.

(With inputs from agencies.)