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RHI Magnesita India Ltd Q4FY23 results out, revenue grows by 48%

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.

  • RHI Magnesita India Ltd reported Total revenue for Q4 FY23 of ₹875 Crore, up from ₹592 Crore year on year depicting a growth of 48%.
  • Total Expenses for Q4 FY23 of ₹828 Crore up, from ₹452 Crore year on year, a growth of 83%.
  • Consolidated Net Profit of -(₹679) Crore, down 779% from ₹100 Crore in the same quarter of the previous year.
  • The Earnings per Share is -(₹36.11), down 682% from ₹6.2 in the same quarter of the previous year.
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