Revenue from operations rose 9.5% year-on-year to ₹2,238.74 crore in Q2 FY26 from ₹2,044.13 crore in the corresponding quarter of FY25, the company said in its exchange filing.
Cement sales volume, however, remained flat at 4.4 million tonnes during the quarter. The company attributed the lack of growth to "early monsoon/excess rainfall and the run-up to rationalisation of GST rates."
Capacity utilisation in the quarter stood at 71%, down from 75% a year ago. Ramco Cements said the decline was mainly due to additional capacities of 1.3 million tonnes per annum (MTPA) added through de-bottlenecking in the second half of FY25.
Total expenses for the quarter increased 6.2% to ₹2,145.45 crore, while total income, including other income, rose 9.3% to ₹2,245.28 crore.
On its expansion plans, the company said it aims to reach a total cement capacity of 30 MTPA by March 2026. This will be achieved through the commissioning of a second line at its Kolimigundla plant, along with de-bottlenecking existing facilities and adding grinding capacities at current locations with nominal capital expenditure.
The shares of the company ended 0.4% in the green on Tuesday (November 4).
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