Ramco Cements reported a 97 per cent decline in its third-quarter adjusted profit, impacted by lower cement prices. Profit before exceptional items and tax dropped to Rs.4.35 crore in the October-December period, down from Rs.135 crore a year ago. Revenue from cement operations fell 6 per cent to Rs.1,977 crore, missing analysts’ forecast of Rs.2,019 crore. The company recorded a Rs.329 crore one-time gain from asset sales and investments.