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Rama Steel Tubes Ltd Q1FY24; 76% rise in Profits

Incorporated in 1974, Rama steel tubes is one of the leading manufacturers of Steel Pipes & Tubes, Rigid PVC & G.I. Pipes and square section products in India.

Financial Results:

Rama Steel Tubes Ltd reported Revenues for Q1FY24 of ₹312.52 Crores up from ₹240.02 Crore year on year, a rise of 30.21%.

Total Expenses for Q1FY24 of ₹304.99 Crores up from ₹238.61 Crores year on year, a rise of 27.82%.

Consolidated Net Profit of ₹7.46 Crores up 76.36% from ₹4.23 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.15, up 50.00% from ₹0.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: pipestubes
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