Ramco Industries profit increased by 21.76% in current quarter (Q2) FY 2018-19

Source

Team Infinities:

Ramco Industries Limited NSE:RAMCOIND, BSE:532369 has declared its 2nd(second) quarter financial report for fiscal year 2018-2019 from the month of July, 2018 to the month of September, 2018.

Details2nd(second) Quarter6 Months End
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter6 Months EndCorresponding 6 Months End
212.65304.78178.96517.43451.17
CalculatedChangeChange %ChangeChange %ChangeChange %
-92.13-30.23(ID)33.6918.83(II)66.2614.69(II)

Income/Sales: Ramco Industries Limited has reported in its financial report that, the company has achieved net income of Rs.212.65 Crore (from the month of July, 2018 to the month of September, 2018). It reflects that the company's net income decreased by 30.23%, for income decrease of Rs.92.13 Crore, in compare to previous quarter(April-June,2018), when the company achieved net income of Rs.304.78 Crore.
The result also shows that the company's income increased by 18.83%, for income increase of Rs.33.69 Crore in current quarter, in compare to corresponding 2nd(second) quarter(July-September,2017) when the company reported income of Rs.178.96 Crore.
The Company also reported total income of Rs.517.43 Crore in 6 months ended(April,2018 - September,2018) income report, which reflects that the company's income increased by 26.79%, for income increase of Rs.10.12 Crore, in compare to corresponding 6 months ended(April,2017 - September,2017), when the company reported income of Rs.451.17 Crore.

Details2nd(second) Quarter6 Months End
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter6 Months EndCorresponding 6 Months End
26.3(P)21.6(P)22.05(P)47.9(P)37.78(P)
CalculatedChangeChange %ChangeChange %ChangeChange %
4.7021.76(PI)4.2519.27(PI)10.1226.79(PI)

Profit/Loss: In its financial report the company informed that the company has achieved net profit of Rs.26.3 Crore in current quarter(from the month of July, 2018 to the month of September, 2018). It reflects that, the company's net profit increased by 21.76%, for profit increase of Rs.4.70 Crore, in compare to previous quarter(April-June,2018), when the company achieved net profit of Rs.21.6 Crore.
It also reflects that the company's net profit increased by 19.27%, for profit increase of Rs.4.25 Crore, in compare to corresponding quarter(July-September,2017), when the company achieved net profit of Rs.22.05 Crore.
The company also reported total profit of Rs.47.9 Crore in 6 months ended(April,2018 - September,2018) financial report, which reflects that, the company's net profit increased by 26.79%, for profit increase of Rs. 10.12 Crore, in compare to corresponding 6 months ended(April,2017 - September,2017), when the company achieved net profit of Rs.37.78 Crore.

***Figures are give in Crore Indian Rupees(INR)***.
Acronym
------------------------
ID=Income Decreased
II=Income Increased
PI=Profit Increased
P = Profit.
L = Loss.
1 Lakh = 100,000.
1 Million = 10 Lakhs.
1 Crore = 10 Million.
1 Crore = 100 Lakhs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.

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