RHI Magnesita India Reports Strong Financials Amid Macro Headwinds

RHI Magnesita India Limited, the leading manufacturer and supplier of high-grade refractory products, has reported unaudited consolidated financial results for the third quarter ended December 31, 2025 (Q3 FY26). Despite macroeconomic challenges, the company reported a 5.5% QoQ increase in revenue from operations, a 36% QoQ increase in Adjusted EBITDA, and a 61% QoQ increase in PAT. The company's strategic initiatives in iron making and flow control, along with its 4PRQO contracts, contributed to these results. The company also achieved a negative Net Debt/EBITDA ratio for the first time post-acquisition.