Ratnamani Metals & Tubes Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Ratnamani Metals & Tubes Ltd reported a 34.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.9%.
- Its expenses for the quarter were up by 33.8% QoQ and 4.8% YoY.
- The net profit increased 34.0% QoQ and increased 0.3% YoY.
- The earnings per share (EPS) of Ratnamani Metals & Tubes Ltd stood at 19 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1335.00 | 990.86 | 1272.47 | 34.7% | 4.9% |
Total Expenses | 1146.87 | 857.27 | 1094.34 | 33.8% | 4.8% |
Profit Before Tax | 188.12 | 133.58 | 178.13 | 40.8% | 5.6% |
Tax | 54.94 | 34.23 | 45.34 | 60.5% | 21.2% |
Profit After Tax | 133.17 | 99.35 | 132.79 | 34.0% | 0.3% |
Earnings Per Share | 19.00 | 14.20 | 18.90 | 33.8% | 0.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ratnamani Metals & Tubes Ltd is a prominent player in the manufacturing sector, specifically focused on producing metal and tube products. The company operates within the industrial manufacturing industry, catering to both domestic and international markets. Known for its high-quality stainless steel and carbon steel products, Ratnamani Metals & Tubes Ltd serves a diverse range of industries including oil & gas, power, chemicals, and water distribution. While there is no specific recent development mentioned in the data provided, the company's broad product range and established market presence continue to be significant attributes of its operations. Any additional recent developments within the company are not available in the data provided.
Revenue
During Q3FY25, Ratnamani Metals & Tubes Ltd reported a total income of ₹1335.00 crores, which reflects a quarter-over-quarter increase of 34.7% from ₹990.86 crores in Q2FY25. Comparatively, there was a 4.9% year-over-year increase from ₹1272.47 crores in Q3FY24. The substantial quarter-over-quarter growth indicates a significant revenue boost in the current quarter. The consistent year-over-year growth suggests a stable increase in revenue over the last year. These metrics underline the company's revenue performance for the reporting quarter and its comparison with the previous periods.
Profitability
For Q3FY25, Ratnamani Metals & Tubes Ltd recorded a profit before tax of ₹188.12 crores, which is a 40.8% increase over the preceding quarter's ₹133.58 crores. On a year-over-year basis, this represents a 5.6% increase from ₹178.13 crores in Q3FY24. The profit after tax for Q3FY25 was ₹133.17 crores, marking a 34.0% rise from ₹99.35 crores in Q2FY25 and a marginal 0.3% increase from ₹132.79 crores in the same quarter of the previous year. The earnings per share during this quarter stood at ₹19.00, up from ₹14.20 in the previous quarter and a slight increase from ₹18.90 in the same quarter last year, reflecting increases of 33.8% quarter-over-quarter and 0.5% year-over-year. These figures provide a detailed picture of the company's profitability during the reporting period and its growth trends.
Operating Metrics
In Q3FY25, the total expenses for Ratnamani Metals & Tubes Ltd were ₹1146.87 crores, representing a 33.8% increase from ₹857.27 crores in Q2FY25 and a 4.8% increase from ₹1094.34 crores in Q3FY24. The tax expense for the quarter was ₹54.94 crores, which is a significant 60.5% increase from ₹34.23 crores in the previous quarter and a 21.2% increase compared to ₹45.34 crores in the same period last year. These operating metrics reflect changes in the company's cost structure and tax liabilities over time. Key financial ratios such as the current ratio, debt-to-equity ratio, and P/E ratio are not provided in the data, hence cannot be calculated or analyzed. The operating metrics provide insights into the company's cost management and efficiency in handling its operations.
