| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 275.17 | 4.6% |
| Total Income | 280.46 | 3.0% |
| Expenditure | 274.44 | 3.0% |
| PBT | 6.02 | 3.4% |
| Net Profit | 5.55 | 28.6% |
| OPM | -1.27% | 1.60pp |
| NPM | 1.93% | 0.38pp |
| EPS | 0.04 | 33.3% |
Rama Steel Tubes Reports 2.89% Revenue Growth in Q3FY25, Diversifies into Defence and Green Energy Sectors
15 Feb 2025 · 15 Feb 2025, 12:03 am
Summary
Rama Steel Tubes Limited has announced its un-audited standalone and consolidated financial results for the quarter and nine months ended on December 31, 2024. The company reported a 2.89% increase in total revenue and a 1.47% growth in total sales volume compared to the previous quarter. EBIDTA increased by 4.24% and net profit by 39.24% on a quarter-over-quarter basis. The company also announced its business diversification into the defence sector and green energy.
Key Highlights
- 1
Revenue increased by 2.89% compared to Q2FY25
- 2
EBIDTA grew by 4.24% on a quarter-over-quarter basis
- 3
Net profit increased by 39.24% in Q3FY25 compared to Q2FY25
- 4
Incorporation of a new subsidiary, Rama Defence Private Limited, for defence sector business
- 5
Subscription of 24.80% stake in M/s Bigwin Buildsys Coated Private Limited and 40% stake in Oram Green Energy Limited
Management Comments
Mr. Richi Bansal
RSTL has delivered steady growth in volumes despite the volatile operating environment. During Q3 FY 25, Sales volumes have increased by 1.47% as compared to Q3FY 24. Sales volume also increased on Y -0-Y basis by 7% from 131137.81 Ton during 9MFY 24 to 139956.23 Ton during 9MFY 25. The Volume growth shows steady demand in the different sectors. Due to wide raw material price fluctuations, Revenues in value terms declined by 21.70% during the FY 24 as compared to FY 23. EBIDTA has increased by 4.24% during Q3FY 25 on Q-o-Q basis. Net profit has increased by 39.24% during Q3FY 25 on Q-o-Q basis. This is because of Finance cost decreased by 60% from INR 72.67 Mn to INR 28.72 Mn in Q3FY 25 owing to efficient utilization of external funds, adoption of cash & carry model and better price negotiation with lenders.
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