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Ramco Cements tripled profit in Q2 FY26 despite lower capacity utilization and rising costs.
Ramco Cements posted a threefold increase in consolidated net profit to ₹77.3–78 crore for Q2 FY26, up from ₹25–26 crore year-on-year, driven by a 9–9.5% revenue rise to ₹2,239–2,245 crore.
Cement sales volume held steady at 4.4 million tonnes, impacted by early monsoon rains and anticipated GST changes, while capacity utilization fell to 71% due to new capacity additions.
Raw material costs rose 10% annually, largely from a ₹160/tonne land tax on limestone in Tamil Nadu.
The company spent ₹280 crore on capex in Q2, with a full-year FY26 forecast of ₹1,200 crore.
It advanced non-core asset monetization, raising ₹501 crore toward a ₹1,000 crore target, and acquired full ownership of Ramco Windfarms Limited, planning a merger.
The firm aims to reach 30 MTPA cement capacity by March 2026 via minimal capital upgrades.
Ramco Cements triplicó la ganancia en el segundo trimestre del año fiscal 26 a pesar de la menor utilización de la capacidad y el aumento de los costos.