The Ramco Cements Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2016
May 20, 2016 at 02:03 am EDT
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The Ramco Cements Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 9,788.2 million against INR 9,614.2 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 2,801.8 million against INR 2,121.7 million a year ago. Profit from ordinary activities before tax was INR 2,385.6 million against INR 1,669.2 million a year ago. Net profit for the period was INR 2,043.2 million against INR 934.2 million a year ago. Basic and diluted earnings per share were INR 9 against INR 4 a year ago.
For the year, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 35,872.2 million against INR 35,938.7 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 8,743.6 million against INR 5,421.0 million a year ago. Profit from ordinary activities before tax was INR 7,030.4 million against INR 3,564.3 million a year ago. Net profit for the period was INR 5,582.6 million against INR 2,423.5 million a year ago. Basic and diluted earnings per share were INR 23 against INR 10 a year ago.
For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 9,794.6 million against INR 9,620.2 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 2,796.3 million against INR 2,119.4 million a year ago. Profit from ordinary activities before tax was INR 2,375.8 million against INR 1,661.0 million a year ago. Net profit for the period was INR 2,032.0 million against INR 933.8 million a year ago. Basic and diluted earnings per share were INR 9 against INR 4 a year ago.
For the year, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 35,957.3 million against INR 36,043.3 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 8,767.7 million against INR 5,455.1 million a year ago. Profit from ordinary activities before tax was INR 7,034.8 million against INR 3,584.4 million a year ago. Net profit for the period was INR 5,585.6 million against INR 2,437.0 million a year ago. Basic and diluted earnings per share were INR 23 against INR 10 a year ago.
The Ramco Cements Limited is an India-based company, which is engaged in the manufacture of cement, ready mix concrete and dry mortar products. The Company caters mainly to the domestic markets. The Company also sells cement in Srilanka through direct exports and Maldives through merchant exports. Its products include cement, dry mix products, and concrete. The cement product includes Ramco Supergrade, Ramco Supercrete, Ramco Superfine EFC, Ramco Super Steel, Ramco OPC Infra 53 Grade, Ramco OPC Infra 43 Grade, Ramco OPC 53 Grade, Ramco Super-Fast and others. The Dry mix products include Ramco Tile Fix, Ramco Super Plaster, Ramco Self Curing Plaster, Ramco Super Fine and others. The concrete product includes Ramco Ready Mix Concrete RMC. It has a range of cement that delivers durable concrete for varied downstream construction applications. Its plants and capabilities include integrated plants, grinding units, packing plants, ready mix plants, dry mix plants and wind farms.
THE RAMCO CEMENTS LIMITED 
