Ramco Cements Sells Non-Core Assets Worth ₹595.6 Million

Ramco Cements Ltd, one of India’s leading cement manufacturers, has completed the sale of non-core assets worth ₹595.6 million. The divestment is aimed at optimizing the company’s portfolio, reducing debt, and channeling resources toward its primary cement and building materials operations.

By shedding non-core holdings, Ramco Cements seeks to enhance financial flexibility and sharpen its focus on high-growth areas within the construction and infrastructure sectors. The move aligns with industry trends where companies are consolidating core businesses to improve profitability and shareholder value.

Key Highlights

• Asset Sale: Non-core assets worth ₹595.6 million divested.
• Strategic Focus: Strengthens emphasis on cement and building materials.
• Financial Impact: Expected to improve liquidity and balance sheet efficiency.
• Growth Outlook: Resources redirected toward expansion in core operations.
• Industry Context: Reflects broader trend of portfolio optimization in manufacturing.

This development underscores Ramco Cements’ proactive approach to restructuring and growth, reinforcing its position as a key player in India’s cement industry.

Sources: Business Standard, Economic Times, Mint