Total expenses aggregated to Rs 207.13 crore in the first quarter, up 34.8% YoY.
Profit before tax in Q1 FY23 stood at Rs 45.71 crore, up by 59% from Rs 28.75 crore recorded in Q1 FY22.
Rajratan Global Wire is a tyre ancillary, manufacturing bead wire, a critical component used in the manufacture of tyres.