RAMCOCEMNSE7 August 2023

The Ramco Cements Limited

2,017words
2turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
p Code: RAMCOCEM BSE Limited, Floor 25, "PITowers", Dalai Street, Mumbai —400 001. Dear Sirs, Scrip Code: 500260 Sub: Investor Update Pursuant to Regulation 30, read with Schedule III of SEB
6.5%
o Cements Limited Investor Update 1QFY24 Overview  India's GDP growth for FY24 is projected at 6.5%. CPI inflation fell sharply to 4.7% in April 2023 compared to 5.7% in March 2023  Repo Rate remai
4.7%
QFY24 Overview  India's GDP growth for FY24 is projected at 6.5%. CPI inflation fell sharply to 4.7% in April 2023 compared to 5.7% in March 2023  Repo Rate remain unchanged at 6.5%. However, US Fed
5.7%
growth for FY24 is projected at 6.5%. CPI inflation fell sharply to 4.7% in April 2023 compared to 5.7% in March 2023  Repo Rate remain unchanged at 6.5%. However, US Federal Reserve’s interest hike of
25 bps
in March 2023  Repo Rate remain unchanged at 6.5%. However, US Federal Reserve’s interest hike of 25 bps put the rupee under pressure  Domestic economic activity remains resilient in 1QFY24 with the man
66%
pected to nurture investment activity. Increased allocation in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outl
79,000 crore
nurture investment activity. Increased allocation in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: `
33%
in Budget 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: ` 2.4 lakh crores, out of which south has go
10 lakh crore
t 2023 for: (i) PMAY Scheme by 66% to ` 79,000 crores; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: ` 2.4 lakh crores, out of which south has got allocation of ar
2.4 lakh crore
; (ii) Investment in Infrastructure by 33% to `10 lakh crores; (iii) Capital outlay for Railways: ` 2.4 lakh crores, out of which south has got allocation of around ` 28,000 crores; (iv) Urban Infrastructure Develo
28,000 crore
) Capital outlay for Railways: ` 2.4 lakh crores, out of which south has got allocation of around ` 28,000 crores; (iv) Urban Infrastructure Development Fund: ` 10,000 crores; (v) 100 transport infrastructure pro
10,000 crore
h south has got allocation of around ` 28,000 crores; (iv) Urban Infrastructure Development Fund: ` 10,000 crores; (v) 100 transport infrastructure projects identified for end- to-end connectivity for ports, coal
Guidance — 3 items
Corporate Office
opening
TPP of 18 MW and railway siding will be commissioned before end of FY24.
Corporate Office
opening
Expansion of Dry Mortar Plant: 2 units in AP & Odisha will be commissioned during FY24.
Corporate Office
opening
Land acquisition for Bommanahalli project is under progress.
Risks & concerns — 2 flagged
However, US Federal Reserve’s interest hike of 25 bps put the rupee under pressure  Domestic economic activity remains resilient in 1QFY24 with the manufacturing PMI at a 31-month high in May & services PMI at a 13 year high in April-May   The government’s thrust on capital expenditure, moderation in commodity prices and robust credit growth are expected to nurture investment activity.
Corporate Office
 Weak external demand, geo-economic fragmentation, and protracted geopolitical tensions pose risks to the outlook.
Corporate Office
Speaking time
Corporate Office
2
Opening remarks
Corporate Office
Auras Corporate Centre, V Floor, 98-A, Dr. Radhakrishnan Salai, Mylapore, Chennai - 600 004, India. Tel : +91 44 2847 8666 Fax: +91 44 2847 8676 Website : www.ramcocements.in Corporate Identity Number: 1.26941TN1957PLC003566 14.114144,ny .1 74Mar ort, -A-TRA 7 August 2023 National Stock Exchange of India Limited, Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai —400 051. Scrip Code: RAMCOCEM BSE Limited, Floor 25, "PITowers", Dalai Street, Mumbai —400 001. Dear Sirs, Scrip Code: 500260 Sub: Investor Update Pursuant to Regulation 30, read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the Investor Update on the performance of the Company for the quarter ended 30.06.2023, being shared at the Investors' Meets. Thanking you, Yours faithfully, For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY End l : As above Registered Office: `Ramamandiram% Rajapalayam - 626 117. Tamil Nadu INNOVATE DIFFERENTIATE SUSTAINABL
← All transcriptsRAMCOCEM stock page →