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Ramco Cements Q2 Results: Net profit falls 9% as West Asia war pushes up fuel and packing costs
Reported by: CNBC TV18 ·
Summary
CNBC TV18 reported that Ramco Cements' net profit for Q2 fell 9%. Revenue, the money earned from its main business, rose 10% to ₹2,463 crore. EBITDA, or earnings before interest, tax, depreciation and amortisation, fell 15.8% year-on-year to ₹326 crore. The outlet linked the margin pressure to higher costs for imported fuel, packing material and freight, which it tied to disruptions in West Asia. Q2 means July to September, the second quarter of India's financial year. Year-on-year means compared with the same quarter last year. Net profit is what is left after all costs and tax.
AI summary of what CNBC TV18 reported. AI can make mistakes. Read the full story on CNBC TV18
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CNBC TV18 · · Tone -1
Ramco Cements Q2 Results: Net profit falls 9% as West Asia war pushes up fuel and packing costs
Ramco Cements' Q2 EBITDA declined 15.8% year-on-year to ₹326 crore as higher imported fuel, packing material and freight costs linked to West Asia disruptions weighed on margins. Revenue rose 10% to ₹2,463 crore, while…
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