Ramco Cements disclosed a sharp rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 2.67 times to Rs 946.70 million from Rs 355.10 million in the same quarter previous year.
Revenues for the quarter declined marginally 0.93% to Rs 9,527.80 million, compared with Rs 9,617.10 million for the prior year period.
Operating margin for the quarter stood at 19.43 percent as compared to 11.40 percent for the previous year period. Operating Income for the quarter was Rs 1,851.40 million, compared with Rs 1096 million in the previous year period.
Earnings per share for the quarter stood at Rs 4.00, registering 4.00 times growth over previous year period.
Quarterly Results - Consolidated (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 9,527.80 | 9,617.10 | (0.93) |
Net Profit | 946.70 | 355.10 | 166.60 |
Diluted EPS | 4.00 | 1.00 | 300.00 |
Shares of the company gained Rs 0.75, or 0.21%, to settle at Rs 359.40. The total volume of shares traded was 13,153 at the BSE (Wednesday).