Home / Companies / Results / Ramco Cements Q1 net flat at Rs 156 cr; slowdown in Tamil Nadu market

Ramco Cements Q1 net flat at Rs 156 cr; slowdown in Tamil Nadu market

Company plans to invest Rs 1,095 cr in satellite grinding projects

Ramco seeks to cement a place in the east

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The MACE team helps site personnel with tests on concrete to evaluate parameters such as workability and compressive strength

T E Narasimhan Chennai

Last Updated : Aug 03 2017 | 4:44 PM IST

The Ramco Cements has reported a net profit of Rs 156 crore during the quarter ended June 30, 2017, as against Rs 155.93 crore, a year ago. Revenue rose to Rs 1,194.01 crore from Rs 1,123.97 crore.

Sale of cement increased by four per cent during the quarter despite slowdown in demand in Tamil Nadu, due to drought and shortage of river sand. The state is a stronghold of the company,

However, company's efforts in other markets, especially in East, helped.

Sales in the domestic market grew to 2.12 million tonnes during the quarter from 2.04 million tonnes, a

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