Net profit of Rama Steel Tubes declined 36.79% to Rs 7.13 crore in the quarter ended March 2024 as against Rs 11.28 crore during the previous quarter ended March 2023. Sales declined 32.80% to Rs 268.27 crore in the quarter ended March 2024 as against Rs 399.24 crore during the previous quarter ended March 2023.For the full year,net profit rose 9.26% to Rs 29.13 crore in the year ended March 2024 as against Rs 26.66 crore during the previous year ended March 2023. Sales declined 21.71% to Rs 1046.51 crore in the year ended March 2024 as against Rs 1336.75 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales268.27399.24 -33 1046.511336.75 -22 OPM %5.026.92 -5.673.85 - PBDT11.1315.70 -29 43.1739.68 9 PBT9.6814.44 -33 37.5334.95 7 NP7.1311.28 -37 29.1326.66 9 Powered by Capital Market - Live News

Rama Steel Tubes announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 1 June 2024 .Powered by Capital Market - Live News

The Board of Rama Steel Tubes at its meeting held on 22 April 2024 has approved the raising of funds by way of further issue of equity shares for an aggregate amount of up to Rs. 500 crore by way of a further public offer. Powered by Capital Market - Live News

Rama Steel Tubes will hold a meeting of the Board of Directors of the Company on 22 April 2024.Powered by Capital Market - Live News

The Board of Rama Steel Tubes at its meeting held on 08 April 2024 has approved allotment of 6,70,926 equity shares on conversion of warrants and 93,92,964 equity shares as bonus shares reserved for such warrants. Post allotment, the paid up equity share capital has increased to Rs. 155,42,31,075/- divided into 155,42,31,075 equity shares of face value of Re. 1/- each. Powered by Capital Market - Live News