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Ratnamani Metals & Tubes Ltd Q2FY24; 66% rise in Profits

Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India.

Financial Results:

Ratnamani Metals & Tubes Ltd reported Revenues for Q2FY24 of ₹1,131.00 Crores up from ₹900.00 Crore year on year, a rise of 25.67%.

Total Expenses for Q2FY24 of ₹921.00 Crores up from ₹779.00 Crores year on year, a rise of 18.23%.

Consolidated Net Profit of ₹164.00 Crores up 65.66% from ₹99.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹23.38, up 65.93% from ₹14.09 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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