Cement sales volume, however, remained flat at 4.4 million tonnes during the quarter. The company attributed the lack of growth to “early monsoon/excess rainfall and the run-up to rationalisation of GST rates.”
Capacity utilisation in the quarter stood at 71%, down from 75% a year ago. Ramco Cements said the decline was mainly due to additional capacities of 1.3 million tonnes per annum (MTPA) added through de-bottlenecking in the second half of FY25.Total expenses for the quarter increased 6.2% to ₹2,145.45 crore, while total income, including other income, rose 9.3% to ₹2,245.28 crore.
On its expansion plans, the company said it aims to reach a total cement capacity of 30 MTPA by March 2026. This will be achieved through the commissioning of a second line at its Kolimigundla plant, along with de-bottlenecking existing facilities and adding grinding capacities at current locations with nominal capital expenditure.
The shares of the company ended 0.4% in the green on Tuesday (November 4).
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