Ramco Cements Reports Strong Q2 Performance with Net Profit Surging to 743.1M Rupees
Ramco Cements Limited reported a significant increase in net profit to 743.1 million rupees for Q2 FY2026, up 190.5% year-over-year. Revenue grew by 9.6% to 22.34 billion rupees. The company also announced a merger with its wholly-owned subsidiary, Ramco Windfarms Limited, to streamline operations and reduce costs. The merger, set for April 1, 2026, aims to consolidate wind power generation assets with actual power consumption.

*this image is generated using AI for illustrative purposes only.
Ramco Cements Limited has announced its financial results for the quarter ended September 30, 2025, along with a significant corporate restructuring move.
Financial Performance
Ramco Cements delivered robust quarterly results with net profit increasing significantly to 743.1 million rupees compared to 255.8 million rupees in the same period last year. Revenue grew to 22.34 billion rupees from 20.38 billion rupees year-over-year. EBITDA rose to 3.87 billion rupees versus 3.12 billion rupees previously, while EBITDA margin improved to 17.31% from 15.31% in the corresponding period.
For the quarter ended September 30, 2025, Ramco Cements reported:
| Particulars | Q2 FY2026 (Rs. Crores) | Q2 FY2025 (Rs. Crores) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 2,234.84 | 2,038.21 | +9.6% |
| Total Income | 2,241.89 | 2,049.50 | +9.4% |
| Net Profit After Tax | 74.31 | 25.58 | +190.5% |
| Basic & Diluted EPS (Rs.) | 3.14 | 1.08 | +190.7% |
The company's revenue from operations increased by 9.6% year-over-year, rising from Rs. 2,038.21 crores in Q2 FY2025 to Rs. 2,234.84 crores in Q2 FY2026. The net profit after tax showed substantial growth of 190.5%, reaching Rs. 74.31 crores compared to Rs. 25.58 crores in the same quarter of the previous fiscal year.
Half-Year Performance
For the half-year ended September 30, 2025:
- Total income stood at Rs. 4,318.50 crores
- Net profit after tax was Rs. 160.32 crores
- Basic and diluted earnings per share were Rs. 6.78
Corporate Restructuring
The Board of Directors of Ramco Cements has approved a draft scheme of amalgamation. The scheme proposes to merge Ramco Windfarms Limited (RWL), a wholly-owned subsidiary, with Ramco Cements Limited. Key points of the merger include:
- Simplification of corporate structure and reduction of administrative costs
- Consolidation of wind power generation assets with actual power consumption
- Cancellation of the entire paid-up share capital of RWL upon scheme implementation
- No new shares to be issued or cash payments made for the cancellation of RWL shares
- Appointed date for the scheme: April 1, 2026
The merger is subject to necessary approvals from shareholders, creditors, regulatory authorities, and the National Company Law Tribunal (NCLT).
Other Highlights
- Net worth as of September 30, 2025: Rs. 7,611.22 crores
- Debt-equity ratio improved to 0.61 times from 0.73 times in the previous year
- Operating margin for the quarter: 18%
- Net profit margin: 3%
Auditor's Review
The statutory auditors have carried out a limited review of the financial results and expressed an unmodified audit opinion.
Ramco Cements continues to focus on its core business of cement and cement-related products, with this merger potentially streamlining operations and enhancing efficiency in power utilization for its manufacturing processes.
Historical Stock Returns for Ramco Cements
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.15% | -3.03% | +4.85% | +8.49% | +17.01% | +22.87% |









































