The Ramco Cements Q1 Results Live : profit falls by 50.06% YOY
The Ramco Cements Q1 Results Live : Revenue decreased by 6.82% YoY & profit decreased by 50.06% YoY
The Ramco Cements Q1 Results Live : The Ramco Cements declared their Q1 results on 25 Jul, 2024. The topline decreased by 6.82% & the profit decreased by 50.06% YoY. As compared to the previous quarter the revenue declined by 21.83% and the profit decreased by 71.2%.
The Selling, general & administrative expenses declined by 16.27% q-o-q & increased by 2.79% Y-o-Y.
The operating income was down by 42.44% q-o-q & decreased by 21.3% Y-o-Y.
The EPS is ₹1.63 for Q1 which decreased by 50% Y-o-Y.
The Ramco Cements has delivered 2.3% return in the last 1 week, -17.34% return in last 6 months and -21.51% YTD return.
Currently the The Ramco Cements has a market cap of ₹18923.48 Cr and 52wk high/low of ₹1058.2 & ₹700 respectively.
As of 26 Jul, 2024 out of 28 analysts covering the company, 5 analysts have given Strong Sell rating, 5 analysts have given Sell rating, 5 analysts have given Hold rating, 9 analysts have given Buy rating & 4 analysts have given Strong Buy rating.
The consensus recommendation as on 26 Jul, 2024 was to Hold.
The Ramco Cements Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2093.55 | 2678.24 | -21.83% | 2246.66 | -6.82% |
| Selling/ General/ Admin Expenses Total | 606.26 | 724.07 | -16.27% | 589.81 | +2.79% |
| Depreciation/ Amortization | 167.68 | 154.08 | +8.83% | 149.71 | +12% |
| Total Operating Expense | 1941.06 | 2413.31 | -19.57% | 2052.91 | -5.45% |
| Operating Income | 152.49 | 264.93 | -42.44% | 193.75 | -21.3% |
| Net Income Before Taxes | 47.54 | 174.77 | -72.8% | 107.65 | -55.84% |
| Net Income | 37.16 | 129.04 | -71.2% | 74.41 | -50.06% |
| Diluted Normalized EPS | 1.63 | 5.65 | -71.15% | 3.26 | -50% |
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