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Dolat Capital Report
The Ramco Cements Ltd.'s revenue was in line however, Ebitda, realization/tonne, Ebitda/tonne and profit after tax were above estimates.
The company posted robust set of numbers with down 4.5%/ up 49.7%/ up 40.2% YoY growth in revenue/ Ebitda/ profit after tax to Rs 12.6 billion/ Rs 4.4 billion/ Rs 2.4 billion led by down 18.8%/ up 16.8% YoY growth in volume/ realization (up 4.1% QoQ).
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