Ramco Cements announced Q3FY23 results: Q3FY23: The sale of cement is at 3.57 million tonnes, compared to 3.01 million tonnes in Q3 of PY, with a growth of 19%. The company continues to focus on the strategy of right products for right applications to make its brands stronger. During Q3 of CY, windfarms generated 2.01 crore units, as against 2.28 crore units in the Q3 of PY, with a decrease of 12%. Net revenue for the Q3 of CY is Rs 2,018 crore, as against Rs 1,556 crore during Q3 of PY, with growth of 30%. EBIDTA for Q3 of CY is Rs 294 crore, as against Rs 238 crore during Q3 of PY, with growth of 24%. EBIDTA per tonne for the Q3 of CY is Rs 823, as against Rs 790 during Q3 of PY. Operating ratio for Q3 of CY is 15%, as against the same level of Q3 of PY. In the Q3 of CY, the blended fuel consumption per tonne is equivalent to US$ 191 as against US$ 149 during the corresponding previous period, amid rupee depreciated by 10% during the period under review. Since the coal and pet coke prices peaked during the CY, the power & fuel cost per tonne of cement for Q3 of CY increased to Rs 1,966 from Rs 1,380 in the Q3 of PY. Interest cost for the Q3 of CY is Rs 61 crore, as against Rs 25 crore during the Q3 of PY. Depreciation for the Q3 of CY is Rs 136 crore, as against Rs 99 crore during the Q3 of PY. Profit before tax for Q3 of CY is Rs 97 crore, as against Rs 113 crore during the Q3 of PY with a de-growth of 14%. Tax expenses for Q3 of CY is Rs 30 crore, as against Rs 31 crore during Q3 of PY. Profit after tax for Q3 of CY is Rs 67 crore, as against Rs 83 crore during Q3 of PY. The company has incurred Rs 390 crore towards capex, including for the above-mentioned ongoing capacity expansion programme. The net debt for the company as on Q3FY23 is Rs 4,556 crore, out of which Rs 564 crore is short-term loan. The average cost of interest-bearing borrowings for the Q3 of CY is increased to 7.13% from 5.44% in the Q3 of PY. Result PDF