Outcome of Board Meeting

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 RAMCO THE RAMCO CEMENTS LIMITED Corporate Identity Number: L26941TN1957PLC003566 5 November 2026 National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Floor 25, "P.J.Towers", Bandra (E), Mumbai - 400 051. Dalal Street, Mumbai - 400 001. Symbol : RAMCOCEM Scrip Code : 500260 Dear Sirs, Sub: Outcome of the Board Meeting - Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended 30.09.2026 & Limited Review Reports of the Auditors thereon. As required under Regulation 33(3)(a) and (b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [LODR], we enclose the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended 30.09.2026, as approved by the Board of Directors at their meeting held today (05.11.2026). As required under Regulation 33(2)(c) of LODR, we also enclose copies of the Limited Review Reports given by the Auditors on the Unaudited Standalone and Consolidated Financial Results for the quarter and six months ended 30.09.2026. The Auditors have expressed an unmodified opinion. The Board Meeting commenced at 4.00 PM and concluded at 5.26 PM. Kindly take the same on record. Thanking you. Yours faithfully. For THE RAMCO CEMENTS LIMITED, K.SELVANAYAGAM SECRETARY Encl: as above Registered Office: ‘Ramamandiram’, Rajapalayam - 626 117. Tamil Nadu. THE RAMCO CEMENTS LIMITED Regd.Office: "Ramamandiram", Rajapalayam * 626 117. a Corporate Office: 98*A, Dr.Radhakrishnan Salai, Chennai 600 004. CIN :L26941TN1957PLC003566; Website : www.ramcocements.in RAMtb STANDALONE UN-AUDITED STATEMENT OF PROFIT AND LOSS FOR THE QUARTER ANO HALF-YEAR ENDED 30thSEPTEMBER 2026 Rs. In Crores Quarter Ended Half Year Ended Year Ended S.No Particulars Un-Audited Un-Audited Un-Audited Un-Audlted Un-Audited Audited 30.09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 31-03-2026 1 Income (a) Revenue from Operations 2,458.28 2,268.97 2,234.84 4,727.25 4,304.97 9,012.57 (b) Other Income 7.56 7.21 7.05 14.77 13.53 43.35 Total Income 2,465.84 2,276.18 2,241.89 4,742.02 4,318.50 9,055.92 2 Expenses (a) (i) Cost of Materials Consumed 390.25 394.46 364.15 784.71 724.76 1,522.52 (11) Inter unit clinker transfer • Freight & handling 79.20 73.12 88.27 152.32 162.43 401.07 (b) Change in Inventories of Finished goods and Work in progress (10.49) (52.61) 44.74 (63.10) (31.23) (6.05) (c) Employee Benefits Expenses 153.15 151.86 144.82 305.01 286.80 564.45 (d) Finance Costs 92.93 95.58 111.38 188.51 216.12 419.35 (e) Depreciation and amortisation Expenses 190.27 189.87 182.34 380.14 365.25 736.20 (f) Transportation & Handling 526.47 489.81 475.05 1,016.28 902.56 1,981.36 (g) Power and Fuel 690.35 612.31 467.87 1,302.66 970.89 2,065.21 (h) Other Expenditure 306.37 292.85 263.03 599.22 504.21 1,045.80 Total Expenses 2,418.50 2,247.25 2,141.65 4,665.75 4,101.79 8,729.91 3 Profit before exceptional items and tax (1 * 2) 47.34 28.93 100.24 76.27 216.71 326.01 4 Exceptional Items (Refer Note No. 4) 4.80 12.62 17.42 553.22 5 Profit before tax (3 ♦ 4) 52.14 41.55 100.24 93.69 216.71 879.23 6 Tax Expenses • Current Tax 0.34 3.45 0.95 3.79 0.95 48.28 • Current Tax adjustments of earlier years • Deferred Tax 13.62 6.24 24.98 19.86 55.44 139.30 - Deferred Tax adjustments of earlier years (1-97) Total Tax Expenses 13.96 9.69 25.93 23.65 56.39 185.61 7 Net Profit after tax (5 - 6) 38.18 31.86 74.31 70.04 160.32 693.62 8 Other Comprehensive Income, net of tax (Refer Note No.8) (1.33) 4.45 2.30 9 Total Comprehensive Income after tax for the period (7 * 8) 38.18 31.86 72.98 70.04 164.77 695.92 10 Paid-up Equity Share Capital 23.63 23.63 23.63 23.63 23.63 23.63 11 Other Equity 8,129.65 7,587.59 8,118.74 12 Basic & Diluted Eamings per share of Re.1/- each (In Rs.p) 1.61 1.35 3.14 2.96 6.78 29.33 (Not Annualized) Page 2 UN-AUDITED STANDALONE BALANCE SHEET AS AT 30™SEPTEMBER 2026 Rs. in Crores 30-09-2026 31-03-2026 Particulars Un-Audited Audited ASSETS NON-CURRENT ASSETS Property, Plant and Equipment 12,088.48 12,292.86 Capital Work in Progress 1,112.56 921.78 Investment Property 274.07 275.28 Intangible Assets 356.29 347.30 Intangible Assets under Development 62.14 68.65 Financial Assets (a) Investments in Subsidiaries and Associates 103.81 103.81 (b) Other Investments 0.01 0.01 (c) Loans 27.26 25.08 (d) Other Financial Assets 65.89 72.17 Other Non Current Assets 178.60 186.69 Non Current Assets (A) 14,268.11 14,293.63 CURRENT ASSETS Inventories 1,130.39 1,028.08 Financial Assets (a) Trade Receivables 774.27 791.94 (b) Cash and Cash Equivalents 41.77 187.81 (c) Bank balances other than Cash and Cash Equivalents 38.85 38.97 (d) Loans 19.61 17.78 (e) Other Financial Assets 133.48 179.47 Current Tax Assets (Net) 4.70 Other Current Assets 211.22 142.84 Current Assets (B) 2,354.19 2,386.89 ASSETS (A) + (B> 16,622.30 16,680.52 EQUITY 8> LIABILITIES EQUITY Equity Share Capital 23.63 23.63 Other Equity 8,129.65 8,118.74 Equity (C) 8,153.28 8,142.37 NON-CURRENT LIABILITIES Financial Liabilities (a) Borrowings 2,378.22 2,803.89 (b) Lease Liabilities 18.54 18.65 Provisions 83.21 104.56 Deferred Tax Liabilities (Net) 1,233.49 1,213.63 Deferred Government Grants 7.68 8.98 Non Current Liabilities (D) 3,721.14 4,149.71 CURRENT LIABILITIES Financial Liabilities (a) Borrowings (*) 1,584.92 1,048.16 (b) Lease Liabilities 0.48 0.40 (c) Trade Payables - Total outstanding dues of micro enterprises and small enterprises 4.33 7.06 - Total outstanding dues of creditors other than micro enterprises and small enterprises 1,280.45 1,191.97 (d) Other Financial Liabilities 1,703.97 1,966.06 Other Current Liabilities 116.11 118.05 Provisions 56.17 48.07 Deferred Government Grants 2.45 2.37 Current Tax Liabilities, net 6.30 EQUITY & LIABILITIES (C)+(D)+(E) 16,622.30 16,680.52 If*) Include Current maturities of Long term Borrowings 1,410.21 | 1,006.16 | Page 3 STANDALONE UN-AUDITED STATEMENT OF CASH FLOWS FOR THE HALF-YEAR ENDED 30thSEPTEMBER 2026 Rs. in Crores Particulars 30-09-2026 30-09-2025 CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax 93.69 216.71 Adjustments to reconcile profit before tax to net cash flows: Depreciation & Amortization 380.14 365.25 (Profit) / Loss on sale of Property, Plant 8i Equipment and Investment Property, net (0.29) 3.19 Exceptional Items (Refer Note No.4) (17.42) Bad Debts written off 0.06 Interest Income (8.01) (6.42) Grant Income (1.22) (1.22) Lease Rental Receipts (4.78) (4.62) Finance costs 188.51 216.12 Operating Profit before Working Capital changes 638.76 803.66 Movements in Working capital Inventories (102.31) (119.74) Trade receivables and other assets 2.53 (58.66) Trade payables and other liabilities_____ ■ (252.22) 28.23 Cash generated from Operations 286.76 653.49 Net Cash generated from Operating Activities 271.96 645.66 CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property, Plant & Equipment, Intangible Assets and Investment Properties (Including (372.57) (600.61) movements in CWIP, Intangible Assets under Development, Capital Advances and payable for capital goods) Proceeds from Sale of Property,Plant & Equipment & Investment Properties 29.11 5.83 Interest received 7.16 5.95 Loans (given) I repaid by Subsidiaries & Associates (1-55) 0.98 Investment in Equity Shares of Subsidiary (0.28) Proceeds from Sale of investments measured at FVTOCI 36.90 Expenditure incurred in connection with disposal of PPE, Investments & Investment Properties (0.10) Net Cash used in Investing Activities (333.07) (546.71) CASH FLOW FROM FINANCING ACTIVITIES Proceeds from Long Term Borrowings 175.00 539.25 Repayment of Long Te'rm Borrowings (198.98) (599.30) Proceeds from Short Term Borrowings, net. 112.36 63.24 Payment of principal portion of lease liabilities (0.20) (0.17) Payment of Divid [Showing first 8,000 characters — download PDF for full document]