Quarter ended June 2021 compared with Quarter ended June 2020. 

Net sales (including other operating income) of The Ramco Cements has increased 17.87% to Rs 1234.68 crore.  Operating profit margin has jumped from 25.10% to 29.68%, leading to 39.39% rise in operating profit to Rs 366.46 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 12.42% to 11.58%.   Employee cost decreased from 9.94% to 8.67%.    Selling and administration expenses fell from 14.06% to 12.62%.   Power and Oil fuel cost rose from 14.91% to 17.47%. Freight charges fell from 22.72% to 20.57%.   

Other income fell 42.72% to Rs 5.31 crore.  Provision for interest fell 18.81% to Rs 24.3 crore. 

Provision for depreciation rose 13.20% to Rs 95.94 crore.   

Profit before tax grew 59.7% to Rs 251.53 crore.  Share of profit/loss was 74.92% lower at Rs 1.65 crore.  Provision for tax was expense of Rs 81.51 crore, compared to Rs 46.58 crore.  Effective tax rate was 32.19% compared to 28.39%. 

Minority interest decreased 12% to Rs 0.22 crore.  Net profit attributable to owners of the company increased 46.23% to Rs 171.45 crore.  

Update on Promoter stake pledge

Promoters' stake was 42.54% as of 30 June 2021,compared to 42.66% as of 30 June 2020 .  Promoters pledged stake was 12.22% as of 30 June 2021 ,compared to 1.97% as of 30 June 2020 .