Net profit of Rama Steel Tubes declined 34.57% to Rs 4.05 crore in the quarter ended September 2024 as against Rs 6.19 crore during the previous quarter ended September 2023. Sales rose 29.37% to Rs 263.05 crore in the quarter ended September 2024 as against Rs 203.33 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales263.05203.33 29 OPM %0.225.98 - PBDT7.329.34 -22 PBT5.928.01 -26 NP4.056.19 -35 Powered by Capital Market - Live News

Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live News

Rama Steel Tubes has reduced its total sanctioned Bank Loans Limits by Rs 13.27 crore in its wholly owned subsidiary-Lepakshi Tubes. Over the period of one year company has reduced total sanctioned loans limits by 64.16% i.e. Rs 223.27 crore against overall total sanctioned loans limit of Rs 348.00 crore, including Lepakshi Tubes. Powered by Capital Market - Live News

Rama Steel Tubes announced that the 50th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News

Rama Steel Tubes (RSTL) announced a strategic collaboration with Onix Renewable. This partnership will focus on leveraging the expertise of RAMA Steel Tubes to provide steel structures along with single-axis trackers, and will also focus on dual-axis trackers to be expanded in the future essential for solar projects undertaken by Onix Renewable. RSTL has expanded its expertise and developed specialised steel structures and tracker tubes which will serve as the backbone for greenfield solar projects. The company said, We are proud to announce our entry into the Green Energy segment and are determined to deliver products that ensure the highest standards of reliability, durability, and performance, which are critical to the long-term success of solar greenfield projects. Powered by Capital Market - Live News