X

Rajratan Global Wire Ltd Q4FY23 results out, revenue drops by over 12%

Rajratan Global Wire Ltd was established in 1989, it manufactures bead wire, high-carbon steel wire with specialisation in TBW, which is bronze-coated and used in tyres and drawn steel wire (known as black wire), used in automobile, construction and engineering industries. 

  • Rajratan Global Wire Ltd reported Total revenue for Q4 FY23 of ₹219 Crore, down from ₹248 Crore year on year depicting a decline of 12%.
  • Total Expenses for Q4 FY23 of ₹186 Crore down, from ₹200 Crore year on year, a decline of 7%.
  • Consolidated Net Profit of ₹20 Crore, down 46% from ₹37 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹3.99, down 45% from ₹7.29 in the same quarter of the previous year.
Related Post