RHI Magnestia India ltd earlier known as Orient Refractories Limited (ORL) is in the business of manufacturing and marketing special refractory products, systems and services to the steel industry in India and Globally. It is a market leader for special refractories in India and has many global customers for its international quality products.
Financial Results:
RHI Magnesita India Ltd reported Revenues for Q1FY24 of ₹928.00 Crores up from ₹602.00 Crore year on year, a rise of 54.15%.
Total Expenses for Q1FY24 of ₹867.00 Crores up from ₹495.00 Crores year on year, a rise of 75.15%.
Consolidated Net Profit of ₹47.00 Crores down 42.68% from ₹82.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.30, down 55.08% from ₹5.12 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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