The Ramco Cements Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting
07-08-2025 | 06:15 pm
07-08-2025 | 06:15 pm
Ramco Cements' board approved solid Q1 financial results: Consolidated revenue hit Rs. 2,080 Cr, with net profit reaching Rs. 85.03 Cr. A key strategic move was the acquisition of the remaining 28.50% stake in its subsidiary, Ramco Windfarms, for Rs. 0.285 Cr. This acquisition makes Ramco Windfarms a wholly-owned subsidiary, streamlining operations as Ramco Cements already utilizes all power generated by Windfarms, while the other shareholders no longer require captive power.
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