The Ramco Cements’ 98% slide in Q2 profit sparks target cuts

November 10, 2022

The cement and cement products player reported a 98% year-on-year (YoY) decline in net profit to Rs 11 crore for the quarter that ended September 30, 2022. It reported a bottomline of Rs 515.84 crore in the same period the previous year.

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