Hot Pursuit     07-Oct-24
Rama Steel records 42% YoY rise in Q2 steel sales volume
Rama Steel Tubes said that it has registered a sales volume of 50,921.67 tons in Q2 FY25, which is higher 42% as compared to the sales volume of 35,780.327 tons recorded in Q2 FY24.

On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 were 37,365.55 tons in Q1 FY25.

The company has reported sales volume of 88,287.22 tons for H1 FY25 compared to 84,218.01 tons posted in H1 FY24, up 5% YoY.

Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products.

The company reported 10% decline in consolidated net profit to Rs 6.36 crore in Q1 FY25 as against Rs 7.07 crore posted in Q1 FY24. Revenue from operations fell 30.7% year on year to Rs 216.64 crore during the quarter ended 30 June 2024.

The scrip declined 3.22% to currently trade at Rs 13.84 on the BSE.

Previous News
  Rama Steel Tubes climbs 54% in three days
 ( Hot Pursuit - 06-Sep-24   12:59 )
  Rama Steel Tubes consolidated net profit rises 67.14% in the June 2023 quarter
 ( Results - Announcements 14-Aug-23   14:35 )
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 ( Hot Pursuit - 14-Nov-22   15:25 )
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 ( Hot Pursuit - 06-Sep-24   12:15 )
  Rama Steel Tubes to hold board meeting
 ( Corporate News - 12-Aug-24   10:05 )
  Rama Steel Tubes consolidated net profit rises 86.05% in the December 2021 quarter
 ( Results - Announcements 14-Feb-22   16:16 )
  Rama Steel Tubes records highest sales volumes in Q4
 ( Corporate News - 03-Apr-23   19:00 )
  Rama Steel Tubes to conduct board meeting
 ( Corporate News - 13-Aug-22   18:02 )
  Rama Steel Tubes consolidated net profit rises 105.51% in the September 2021 quarter
 ( Results - Announcements 14-Nov-21   11:18 )
  Rama Steel Tubes announces board meeting date
 ( Corporate News - 14-Nov-22   12:46 )
  Rama Steel Tubes reports consolidated net loss of Rs 1.92 crore in the June 2020 quarter
 ( Results - Announcements 12-Aug-20   14:45 )
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