In the symphony of financial updates, a crescendo resonates as RAMA Steel Tubes unveils its performance for the first quarter of fiscal year 2023-24. The virtuoso manufacturer of steel tubes proclaims a melodious 30% augmentation in revenue, harmonized by the orchestration of robust domestic market demand.The ledger for the April-June quarter elegantly inscribes a revenue of ₹ 312.52 crore, transcending the previous year's ₹ 240 crore cadence. The crescendo is not merely in numbers, but also in volume, with a 62% escalation to 48,437 metric tonnes.The opus of profitability reaches its zenith as the company's profit after tax in Q1 achieves a harmonious crescendo of 76%, soaring to ₹ 7.46 crore. This juxtaposition against the year-ago period's ₹ 4.23 crore is a testimony to the swelling demand for steel tubes and pipes, serenading across diverse industries.
In the symphony of financial updates, a crescendo resonates as RAMA Steel Tubes unveils its performance for the first quarter of fiscal year 2023-24. The virtuoso manufacturer of steel tubes proclaims a melodious 30% augmentation in revenue, harmonized by the orchestration of robust domestic market demand.The ledger for the April-June quarter elegantly inscribes a revenue of ₹ 312.52 crore, transcending the previous year's ₹ 240 crore cadence. The crescendo is not merely in numbers, but also in volume, with a 62% escalation to 48,437 metric tonnes.The opus of profitability reaches its zenith as the company's profit after tax in Q1 achieves a harmonious crescendo of 76%, soaring to ₹ 7.46 crore. This juxtaposition against the year-ago period's ₹ 4.23 crore is a testimony to the swelling demand for steel tubes and pipes, serenading across diverse industries.
