Rhi Magnesita India Ltd
P&L
Quarterly Consolidated
vs Q2 FY25
RHI Magnesita India Surpasses ₹ 1,000 Crore in Quarterly Revenue, Marking a Historic Milestone
12 Feb 2025 · 12 Feb 2025, 01:07 am
Summary
RHI Magnesita India Limited, a leading manufacturer and supplier of high-grade refractory products, systems and solutions, has reported unaudited consolidated financial results for the third quarter and nine months ended December 31, 2024 (Q3 & 9M FY 2024-25). The company crossed ₹ 1,000 crore in quarterly revenue for the first time, marking a significant milestone. Despite rising raw material costs, RHI Magnesita India achieved EBITDA growth of 8% driven by operational efficiencies. The company remains cautiously optimistic about the mid-term goals.
Key Highlights
- 1
Revenue from operations for Q3 FY25 was ₹ 1,011 crores, QoQ growth of 17%
- 2
Operating EBITDA for Q3 FY25 was ₹ 132 crores, QoQ growth of 8%
- 3
PAT for Q3 FY25 was ₹ 48 crores, a QoQ increase of 3.5%
- 4
Shipment volume increased by 20%, QoQ
- 5
Net Debt/EBITDA ratio at 0.3x, reduced by 0.4x from YTD FY24
- 6
Operating EBITDA Margin was at 15% in YTD FY25, up by c.0.7% as against YTD FY24
Management Comments
Parmod Sagar — Chairman
MD & CEO of RHI Magnesita India Ltd
We are pleased to report a strong Q3 FY25 performance amid persistent global headwinds and market volatility. This quarter marks a significant milestone for RHI Magnesita India as we crossed ₹ 1,000 crore in quarterly revenue for the first time. This achievement is a testament to our disciplined execution, strong market positioning, and continued strategic expansion. Despite rising raw material costs, we were able to achieve EBITDA growth of 8% driven by our operational efficiencies. We acknowledge near term challenges due to the global market environment, however, we remain cautiously optimistic about the mid-term goals.”
Informational and educational content only. Not investment advice.