Hot Pursuit     28-Jun-23
The Ramco Cements commissions cement line in Tamil Nadu
The company has commissioned Line III at Ramamasamy Raja Nagar (R R Nagar) in Tamil Nadu of 3,000 TPD capacity of clinkerisation.
This is the first integrated cement line, commissioned in the last 15 years in the South of Tamil Nadu. The electrical energy required for this new line is being completely catered by green power from the company's own wind mills.

With the commissioning of Line III, the requirement of limestone has gone up. To meet the additional requirement, the company has envisaged a wet beneficiation system at its mines. The wet beneficiation system uses water as a basic beneficiating agent.

The company also manufactures a new plastering compound in the brand name of RAMCO ECO PLAST (self curing plaster) at R R Nagar. This plastering compound, once applied does not require curing at all, saving substantial quantity of water during construction.

The firm also manufactures a special cement in the brand name of RAMCO 53 INFRA SUPER, especially for a high-tech concrete structures, which reduces the usage of admixtures and the amount of cement thereby bringing down the overall Carbon footprint.

Ramco Cements is a cement manufacturer. It also makes ready mix concrete and dry mortar products.

On a consolidated basis, net profit of The Ramco Cements rose 27.23% to Rs 150.86 crore on 50.72% increase in net sales to Rs 2558.68 crore in Q4 March 2023 over Q4 March 2022.

Shares of Ramco Cements fell 0.74% to Rs 927.80 on Tuesday, 27 June 2023.

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