Ramco Cements' Net Profit Drops 51% to Rs.36.57 Cr in Q1 FY25

26 Jul 2024 CW Team

Ramco Cements has announced a significant drop in its net profit for the first quarter of FY25, falling by 51% to ?36.57 crore. This decline marks a sharp contrast to the company's previous financial performance and reflects a challenging period for the cement industry.

The decrease in profit is attributed to a combination of factors, including rising raw material costs and increased operational expenses. The company faced higher input costs due to inflationary pressures and supply chain disruptions, which impacted its overall profitability.

Despite the profit slump, Ramco Cements reported a steady revenue growth, driven by strong sales volumes in both the domestic and international markets. The company's revenue for the quarter remained robust, supported by its ongoing investments in capacity expansion and technological upgrades.

Ramco Cements has been focusing on enhancing its operational efficiency and exploring new markets to counteract the rising costs and competitive pressures. The company?s management is optimistic about recovering from this dip, citing ongoing initiatives to streamline operations and improve cost management.

Looking ahead, Ramco Cements plans to continue investing in its core operations and explore strategic partnerships to boost its market position. The company is committed to navigating the current challenges and expects a gradual improvement in profitability as market conditions stabilise and cost pressures ease.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..