Consolidated profit before tax surged 59.7% to Rs 251.53 crore in Q1 FY22 as against Rs 157.50 crore in Q1 FY21. The Q1 earnings was declared during trading hours today, 27 July 2021.

Consolidated EBITDA grew 37% to Rs 371.77 crore in Q1 FY22 as compared to Rs 272.18 crore in Q1 FY21. Cement sales jumped 11% to 21.41 lakh tonnes during the quarter as against 19.37 lakh tonnes in Q1 June 2020, despite demand being impacted due to lock down in May and June 2021.

Cost of materials per ton rose 4% to Rs 828 in Q1 FY22 over Rs 797 in Q1 FY21. Logistics cost per ton increased 3% to Rs 1,073 in Q1 June 2021 from Rs 1,042 in Q1 June 2020.

The Ramco Cements makes portland cement, ready mix concrete and dry mortar products, and operates wind farms.

The Ramco Cements dropped 5.35% to Rs 1,063 on BSE. The scrip hovered in the range of Rs 1,027.35 to Rs 1,130.25 so far.