Rs2,000 Cr Order Book, New Plants and Nuclear JV: Is Ratnamani Metals Ready for a Comeback?
India, Aug. 31 -- Sometimes a bad quarter isn't the whole story. Sometimes it's just one chapter in a longer book. That seems to be the case here, where a soft set of numbers is sitting right next to some genuinely exciting developments - new plants, a fatter order book, and a subsidiary that's suddenly firing on all cylinders. Let's dig into what actually happened.
A Q1 That Didn't Go As Planned
Ratnamani Metals & Tubes Limited just wrapped up a quarter that honestly wasn't pretty on the surface. Consolidated revenue for Q1 FY27 came in at Rs971.63 crore, down from Rs1,151.62 crore a year back. EBITDA slipped to Rs179.79 crore from Rs218.44 crore, and margins eased a touch to 18.5% from 19.0%. Net profit dropped to Rs107.03 crore versus...
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