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 three large factories in Gujarat’s Chhatral, Indrad, and Kutch produce a variety of carbon steel welded pipes and seamless stainless steel tubes for use in industries such as refineries, petrochemicals, oil & gas, thermal power, nuclear energy, fertilisers, water distribution, chemicals, aerospace, and others.
Financial Results:
Ratnamani Metals & Tubes Ltd.’s revenue in Q3FY23 rose 14% to ₹ 1,05,740 lakhs. Consolidated Profit After Tax came at ₹ 13,241 lakhs in Q3FY23 showcasing a 49% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.