Ramco Industries Limited
Part of the Chennai-based Ramco Group; Ramco Industries Ltd. is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). Company is also engaged in the spinning of cotton yarn; sale of surplus electricity generated from its windmills and computer software.
What Ramco files
- Others70
- Important21
- Board Meeting11
- Updates7
- Credit Ratings5
- Dividend/Bonus3
Ramco Industries posted strong results: Q4 revenue 501.83 Cr, net profit 47.76 Cr. Full-year revenue 1,792.22 Cr, net profit 170.63 Cr, aided by 8.09 Cr exceptional gains. Board approved a Rs. 1.25/share dividend and proposed reappointing a non-executive independent director.
Ramco Industries increased the project cost for its new Fibre Cement Boards plant at Maksi from Rs. 180 Cr to Rs. 250 Cr. This Rs. 70 Cr rise supports the 58,000 MT p.a. capacity expansion.
Ramco Industries highlights its campaign urging shareholders to update KYC and claim unclaimed dividends. This action is crucial to prevent asset transfer, ensuring your investments remain secure.
Ramco Industries announced its financial results for the quarter and half-year. Consolidated Q2 revenue stood at 525.18 Cr, with net profit at 31.44 Cr. The Board approved a new Calcium Silicate Board plant, investing 70 Cr in this business development.
Ramco Industries' appeal against a GST penalty of ₹0.0075 Cr has been allowed. The company will also receive a refund of ₹0.0611 Cr for GST paid. This is a positive financial outcome.