Ratnamani Metals & Tubes reports strong half-year profits, strategic acquisitions
Ratnamani Metals & Tubes Limited reported unaudited standalone total income of INR 2,07,078.75 lakh and consolidated total income of INR 2,40,050.61 lakh for the half-year ended September 30, 2025. Standalone net profit for the period was INR 25,314.96 lakh, with consolidated net profit reaching INR 28,317.96 lakh. Total comprehensive income for the half-year stood at INR 25,152.84 lakh for standalone results and INR 28,195.63 lakh for consolidated results.
The company's board of directors reviewed and approved these financial results on November 6 and 7, 2025. Key strategic moves included the acquisition of an additional 40% equity in Ratnamani Trade EU AG for €400,000, making it a wholly-owned subsidiary, and the incorporation of "Ratnamani Middle East Company, LLC" in Damman, KSA, which has not yet commenced operations.
Additionally, a master amendment agreement was executed regarding Ravi Technoforge Private Limited, adjusting Ratnamani’s shareholding to 75% and deleting certain future option rights. The trading window for company securities will reopen 48 hours after the financial results' publication.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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