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India Infoline Research Team / 14:10, Jul 06, 2015
Improvement in realisation driven by sharp increase in Southern prices led to a 4% jump in revenue. Lower takeoff in cement demand was compensated by higher prices for Ramco during the quarter. Operating efficiency was higher by 14ppts on yoy basis. With cement demand improving in Southern region we expect Ramco to post higher earning for next couple of quarters.