Ratnamani Metals and Tubes Ltd reported consolidated revenue from operations of Rs 11.92 billion and net profit of Rs 1.36 billion for the September quarter. The company showed resilience amidst demand challenges, driven by export growth, strategic projects, and efficient cost management.
Key Highlights
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Consolidated revenue from operations at Rs 11.92 billion in Q2 FY26
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Net profit of Rs 1.36 billion maintained despite market headwinds
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Growth supported by higher export volumes and improved product mix
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Key projects include expansion of cold finishing and heavy-thickness pipe capacity
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Initiatives underway for captive solar power generation supporting sustainability goals
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Strong order book near Rs 29 billion providing healthy near-term revenue visibility
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Focus on innovation, efficiency, and strategic geographical expansion drives growth
Detailed Report
Ratnamani Metals and Tubes Ltd delivered steady financial performance in the September quarter, posting Rs 11.92 billion in consolidated revenue and Rs 1.36 billion in net profit. Despite facing domestic demand challenges, the company capitalized on export market growth, which contributed significantly to revenue.
Strategic investments continued during the quarter, notably in its cold finishing project and heavy-thickness pipes production facilities, enhancing its specialized product offerings. The firm also progressed on sustainability initiatives, including an eight-megawatt captive solar power plant, expected to become operational shortly.
Ratnamani maintains a robust order pipeline, reflecting consistent demand from core sectors such as oil & gas, infrastructure, and industrial applications. Its focus remains on operational excellence, product innovation, and expanding presence in key global markets, ensuring a balanced growth path amid economic uncertainties.
Sources: Moneycontrol, Business Standard, Screener.in