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Rama Steel Tubes Ltd Q2FY24; 28% 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 Q2FY24 of ₹203.33 Crores down from ₹347.24 Crore year on year, a fall of 41.44%.

Total Expenses for Q2FY24 of ₹196.45 Crores down from ₹344.81 Crores year on year, a fall of 43.03%.

Consolidated Net Profit of ₹6.58 Crores up 28.27% from ₹5.13 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.13, up 18.18% from ₹0.11 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.

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