Hot Pursuit     23-Jan-25
Rajratan Global hits 52-week low after Q3 PAT drops 53% YoY
Rajratan Global Wire slipped 4.64% to Rs 470 after the company’s consolidated net profit tumbled 52.64% to Rs 9.32 crore on 6.16% decline in revenue from operations to Rs 218.36 crore in Q3 FY25 over Q3 FY24.

Profit before tax (PBT) stood at Rs 12.35 crore in the third quarter of FY25, down 49.55% on a YoY basis.

During the quarter, EBITDA stood at Rs 26.25 crore, down 23.31% from Rs 34.23 crore in Q3 FY24.

EBITDA margin reduced to 12% in the December 2024 quarter as against 15% in Q3 FY24.

Rajratan Global Wire is a tyre ancillary, manufacturing bead wire, a critical component used in the manufacture of tyres.

The counter hit a 52-week low of 465 in today’s intraday session.

Previous News
  Rajratan Global Wire consolidated net profit rises 57.57% in the June 2022 quarter
 ( Results - Announcements 21-Jul-22   16:33 )
  Rajratan Global Wire to hold board meeting
 ( Corporate News - 14-Jul-23   10:54 )
  Rajratan Global Wire
 ( Results - Analysis 21-Jul-22   20:57 )
  Rajratan Global Wire to discuss results
 ( Corporate News - 14-Jul-20   10:53 )
  Rajratan Global Wire to discuss results
 ( Corporate News - 23-Jul-24   16:38 )
  Rajratan Global Wire consolidated net profit rises 59.54% in the March 2022 quarter
 ( Results - Announcements 21-Apr-22   15:27 )
  Rajratan Global Wire standalone net profit declines 60.08% in the December 2016 quarter
 ( Results - Announcements 27-Jan-17   17:27 )
  Rajratan Global Wire announces board meeting date
 ( Corporate News - 12-Jan-19   11:21 )
  Board of Rajratan Global Wire recommends Final Dividend
 ( Corporate News - 21-Apr-22   16:58 )
  Rajratan Global Wire consolidated net profit rises 30.61% in the September 2017 quarter
 ( Results - Announcements 26-Oct-17   16:46 )
  Rajratan Global Wire standalone net profit rises 5.92% in the March 2018 quarter
 ( Results - Announcements 11-May-18   16:41 )
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