Cement

Expansion pay-off: Ramco Cements eyes Rs 7500 Cr revenue in FY21

“Our current capacity is 12.5 million tonnes per annum. Once the current expansion plans are completed, we expect the revenues to touch Rs 7,500 crore by FY21,” Balaji K Moorthy, executive director (marketing) told. Ramco Cements Ltd, which clocked Rs 5,146 crore revenues during the last fiscal, expects to touch the Rs 7,500 crore mark by the end of next financial year, backed by the capacity expansion, a senior official of the company said on Thursday.

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