Bigul

The Ramco Cements Limited - 500260 - CSR IMPACT AWARDS

We are pleased to inform you that our Company's plants had been awarded the following awards at the 8th CSR Impact Award Function. * The Ariyalur Plant had been adjudged as Winner in the Category of Water, Sanitation and Hygiene (WASH) for its project, 'Accessible and Sustainable Sanitation Facilities (SMART Toilets) for prevention of open defecation'. The project was implemented with the support of Gramalaya, Tiruchirapalli. * The Ramasamy Raja Nagar Plant had been presented with 'Health Care and Education Activities for the nearby village people' award in the category of Employee Volunteering Initiative.
03-12-2022
Bigul

The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Intimation of Investor Meet Pursuant to Clause 15 of Schedule III, Part A, Para A read with Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that Shri.A.V.Dharmakrishnan, Chief Executive Officer of the Company is participating in the 'B&K Securities - Indian Inc. Leaders' Conference' scheduled to be held on 6th December 2022 at Trident BKC, Mumbai. The details are enclosed. Please note that no Unpublished Price Sensitive Information (UPSI) is proposed to be shared by the Company during the aforesaid Conference.
03-12-2022

Neutral The Ramco Cements; target of Rs 617: Choice Equity Broking

Choice Equity Broking recommended Neutral rating on The Ramco Cements with a target price of Rs 617 in its research report dated November 11, 2022.
15-11-2022

Hold The Ramco Cements; target of Rs 780: Sharekhan

Sharekhan recommended Hold rating on The Ramco Cements with a target price of Rs 780 in its research report dated November 09, 2022.
13-11-2022

The Ramco Cements' 98% slide in Q2 profit sparks target cuts

The cement and cement products player reported a 98% year-on-year (YoY) decline in net profit to Rs 11 crore for the quarter that ended September 30, 2022. It reported a bottomline of Rs 515.84 crore in the same period the previous year.
10-11-2022

Ramco Cements share price tanks after Q2 results. Should you buy?

Ramco Cements share price: Immediate support for the cement stock is placed at 580 apiece levels, say stock market analysts
10-11-2022
Bigul

The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Audio Recording of Conference Call - 2QFY23 Financial Performance
09-11-2022
Bigul

The Ramco Cements Limited - 500260 - Announcement under Regulation 30 (LODR)-Meeting Updates

We are pleased to inform you that at the Board Meeting held on 9th November 2022, the Directors have approved the Company''s proposal of establishing a Line II at its existing grinding unit situated at Haridaspur, Jajpur District, Odisha. The capacity of the Line ll would be 0.90 Million Tonnes Per Annum Capacity and is proposed to be established at a cost of Rs.130.00 crores. Upon commissioning, the cement manufacturing capacity of the Haridaspur Grinding Unit would increase to 1.80 Million Tonnes Per Annum..
09-11-2022
Bigul

Q2FY23 Quarterly Result Announced for The Ramco Cements Ltd.

Ramco Cements announced Q2FY23 results: Q2FY23: During Q2 of CV, the sale of cement was 3.31 million tonnes, compared to 2.71 million tonnes in the Q2 of PY with a growth of 22%. During Q2 of CV, wind farms generated 10.74 crore units as against 12.13 crore units in the Q2 of PY, with a decrease of 11%. Net revenue for the Q2 of CV is Rs 1,793 crore as against Rs 1,501 crore during Q2 of PY with a growth of 19%. EBIDTA for Q2 of CV is Rs 193 crore as against Rs 402 crore during Q2 of PY with de-growth of 52%, mainly due to a sharp increase in fuel price and weak cement prices. Blended EBIDTA per ton for the Q2 of CV is Rs 582 as against Rs1,484 during Q2 of PY, which is one of the lowest in the last 8 years. The operating ratio for Q2 of CV is 11% as against 27% in Q2 of PY. During the Q2 of CV, the blended fuel consumption per tonne is equivalent to $199 as against $97 during the corresponding previous period. The power & fuel cost per tonne of cement for Q2 of CV has sharply increased to Rs 2,013 from Rs 1,057 in the Q2 of PY. The interest cost for the Q2 of CV is Rs 55 crore as against Rs 29 crore during the Q2 of PY. The effective average cost of borrowing for Q2 of CV is 6.16% as against 5.11% in the Q2 of PY Depreciation for the Q2 of CV is Rs 122 crore as against Rs 99 crore during the Q2 of PY. Profit before tax for Q2 of CV is Rs 16 crore as against Rs 274 crore during the Q2 of PY with a de-growth of 94%. Profit after tax for Q2 of CV is Rs 11 crore as against Rs 517 crore during Q2 of PY. The company propose to increase the grinding capacity of the Haridaspur plant, Odisha by 0.9 MTPA at a cost of only Rs 130 crore since other infrastructures are already in place, thereby doubling its capacity to 1.8 MTPA. Result PDF
09-11-2022
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