Categories Earnings, Industrials
Ratnamani Metals and Tubes Ltd Q4FY23 results out, revenue soars by 54%
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. The company caters to the needs of various industries such as oil & gas, refineries, thermal power, nuclear power, chemicals, petrochemicals, fertilizers, water distribution, sugar, paper, pharmaceutical, automobiles, infrastructure, and others.
- Ratnamani Metal and Tubes Ltd reported Total revenue for Q4 FY23 of ₹1,499 Crore, up from ₹974 Crore year on year depicting a growth of 54%.
- Total Expenses for Q4 FY23 of ₹1,238 Crore up, from ₹835 Crore year on year, a growth of 48%.
- Consolidated Net Profit of ₹193 Crore, up 72% from ₹112 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹27.47, up 72% from ₹15.93 in the same quarter of the previous year.
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