Active Stocks
Sat Mar 02 2024 12:29:56
  1. Tata Steel share price
  2. 155.30 3.53%
  1. HDFC Bank share price
  2. 1,430.50 -0.05%
  1. State Bank Of India share price
  2. 773.40 0.53%
  1. ICICI Bank share price
  2. 1,084.60 -0.21%
  1. Axis Bank share price
  2. 1,095.00 -0.40%
Business News/ Companies / Company Results/  The Ramco Cements Q2 FY24 results: profit rise by 2238.31% YOY

The Ramco Cements Q2 FY24 results: profit rise by 2238.31% YOY

The Ramco Cements Q2 FY24 results: Revenue increased by 30.49% YoY & profit increased by 2238.31% YoY

The Ramco Cements Q2 FY24 ResultsPremium
The Ramco Cements Q2 FY24 Results

The Ramco Cements declared their Q2 FY24 results on 09 Nov, 2023. The topline increased by 30.49% & the profit increased by 2238.31% YoY. As compared to the previous quarter the revenue grew by 4.18% and the profit decreased by 3.21%.

The Selling, general & administrative expenses rose by 4.71% q-o-q & increased by 32.49% Y-o-Y.

The operating income was up by 25.33% q-o-q & increased by 269.44% Y-o-Y.

The EPS is 3.15 for Q2 FY24 which increased by 2323.08% Y-o-Y.

The Ramco Cements has delivered 2.99% return in the last 1 week, 31.64% return in last 6 months and 45.98% YTD return.

Currently the The Ramco Cements has a market cap of 24153.81 Cr and 52wk high/low of 1040 & 634.05 respectively.

As of 11 Nov, 2023 out of 30 analysts covering the company, 6 analysts have given Strong Sell rating, 7 analysts have given Sell rating, 4 analysts have given Hold rating, 6 analysts have given Buy rating &7 analysts have given Strong Buy rating.

The consensus recommendation as on 11 Nov, 2023 was to Hold.

The Ramco Cements Financials

PeriodQ2 FY24Q1 FY24Q-o-Q GrowthQ2 FY23Y-o-Y Growth
Total Revenue2340.572246.66+4.18%1793.74+30.49%
Selling/ General/ Admin Expenses Total617.57589.81+4.71%466.13+32.49%
Depreciation/ Amortization162.75149.71+8.71%121.99+33.41%
Total Operating Expense2097.742052.91+2.18%1728.01+21.4%
Operating Income242.83193.75+25.33%65.73+269.44%
Net Income Before Taxes137.83107.65+28.04%17.55+685.36%
Net Income72.0274.41-3.21%3.08+2238.31%
Diluted Normalized EPS3.153.26-3.37%0.13+2323.08%


Question : What is the Q2 FY24 profit/Loss as per company?

Ans : ₹72.02Cr

Question : What is Q2 FY24 revenue?

Ans : ₹2340.57Cr

Stay updated on quarterly results with our results calendar

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 11 Nov 2023, 02:11 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie