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RATHI STEEL & POWER LTD.-$ Q3 FY25 Results

RATHISTQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue104.4314.0%
Total Income106.0413.0%
Expenditure105.5211.8%
PBT0.5392.4%
Net Profit0.5392.4%
OPM-4.98%7.61pp
NPM0.50%5.20pp
EPS0.0692.7%
View full financials

Rathi Steel and Power Limited Reports Q3 FY25 Revenue of Rs 104.4 Crore, Up 12.4% YoY

18 Feb 2025 · 18 Feb 2025, 05:25 pm

Summary

Rathi Steel and Power Limited, a leading stainless steel long product manufacturer, announced their unaudited financial performance for the quarter and nine months ended December 31, 2024. The company reported a 12.4% YoY growth in production volumes and a 198% YoY growth in PAT for the nine-month period.

Key Highlights

  1. 1

    Revenue for Q3 FY25 was Rs. 104.4 crore, up 12.4% YoY

  2. 2

    EBITDA (excluding other income) was at Rs. 3.0 crore for Q3 FY25

  3. 3

    PAT for the quarter was Rs. 0.5 crore

  4. 4

    Rathi Steel received BIS license for SS 550 reinforcement bars (32mm diameter)

  5. 5

    The company is focusing on strategic initiatives to improve product mix and efficiencies

  6. 6

    Production Volume in Q3 FY25 at 23,746 MT, up 12.4% YoY

  7. 7

    Q3 FY25 Total Revenue at Rs 104.4 crores

  8. 8

    Q3 FY25 EBITDA* at Rs 3.0 crores

  9. 9

    Q3 FY25 PAT at Rs 0.5 crores

  10. 10

    Revenue for 9M FY25 was Rs. 353.6 crore, vis-a-vis Rs. 374.5 crore in 9M FY24

  11. 11

    EBITDA (excluding other income) was Rs. 14.1 crore for 9M FY25

  12. 12

    PAT for the nine months grew 198% YoY to Rs. 10.15 crore

Management Comments

M

Mr. Udit Rathi

Promoter, Rathi Steel and Power Ltd.

The Company sustained through market headwinds during the third quarter successfully. Despite macro-economic uncertainties and volatility, we have demonstrated resilience in operations... We remain optimistic for this fiscal year, and shall leverage our strengths to continue growing, while delivering sustainable value to all stakeholders.

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