Rajratan Global Wire announces strong FY25 results, wire rope expansion

Rajratan Global Wire (BSE: 517522) announced its audited financial results for the fiscal year ending March 31, 2025, showcasing a strong performance and strategic expansion plans. The company reported total revenue of INR 593.44 million and a net profit of INR 46.30 million for the standalone entity. Consolidated figures show even stronger revenues of INR 936.93 million and net profit of INR 58.80 million. The board has recommended a final dividend of 100%, or INR 2 per equity share, subject to shareholder approval. In addition to financial results, Rajratan Global Wire's Board of Directors has approved machinery procurement to produce a new value-added product, Wire Rope, at its Pithampur plant. This initiative aims to convert 12,000 TPA of Black Wire capacity to 10,000 TPA of Wire Rope capacity, improving the company's value proposition. Further, Mr. Sanjeev Sood has been re-appointed as an Independent Director for a second term of five years, effective April 21, 2025. The capital expenditure for the Wire Rope capacity will be approximately INR 500 million, funded through debt and internal accruals. The company aims to add value to its existing Black Wire capacity and start a product line with significant potential.