Ratnamani Metals & Tubes Limited has reported a 6.4% year-on-year (YoY) increase in net profit, reaching ₹133.17 crore in Q3 FY25 compared to ₹125.72 crore in Q3 FY24. The company’s total revenue from operations also saw an increase of 4.7% YoY, rising to ₹1,316.30 crore from ₹1,257.26 crore in the same quarter last year.
Key Financial Highlights (Consolidated)
- Revenue from Operations: ₹1,316.30 crore in Q3 FY25, up 4.7% from ₹1,257.26 crore in Q3 FY24
- Total Income: ₹1,334.99 crore, compared to ₹1,272.47 crore in Q3 FY24
- Net Profit: ₹133.17 crore, up 6.4% YoY from ₹125.72 crore in Q3 FY24
- Earnings Per Share (EPS): ₹19.00 per share, compared to ₹18.94 per share in Q3 FY24
- Nine-Month Net Profit: ₹338.41 crore, down 8% YoY from ₹431.98 crore in the same period last year
Business Performance & Key Developments
- Steel Tubes and Pipes Segment: Contributed the highest revenue of ₹1,251.93 crore in Q3 FY25, growing from ₹1,198.60 crore in Q3 FY24.
- Bearing Rings Business: Reported a revenue of ₹63.62 crore, compared to ₹58.65 crore last year.
- Pipe Spools and Auxiliary Support Systems: This segment saw a decline in revenue, generating only ₹0.75 crore.
The company’s Nomination and Remuneration Committee has approved 4,23,994 stock options for employees of Ratnamani Metals & Tubes and 7,230 stock options for subsidiary employees at an exercise price of ₹2,635 per share.
Additionally, Ratnamani has expanded its international presence by acquiring a 60% stake in Ratnamani Trade EU AG and 100% of Ratnamani Middle East Pipe Trading in Q3.
Despite a slight dip in nine-month profitability, Ratnamani Metals & Tubes remains optimistic about future growth, driven by increased demand in the steel and industrial manufacturing sectors. The company’s expansion into international markets and continued operational efficiency are expected to strengthen its market position.
