Slow market conditions and increasing costs have hit Ramco Cements Ltd, which has reported a 69 per cent drop in net profit. For the quarter ended December 2013, it has posted a net profit of ₹25.59 crore, against ₹83.60 crore in the previous year period, on total income of ₹868.20 crore (₹901.58 crore). The company has two lines of businesses — cement manufacture and sales and wind farms.

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