RHI Magnesita India announced that the Board of Directors of the Company at its meeting held on 29 May 2024, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 250%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net Loss of RHI Magnesita India reported to Rs 257.90 crore in the quarter ended March 2024 as against net loss of Rs 678.91 crore during the previous quarter ended March 2023. Sales rose 7.83% to Rs 943.29 crore in the quarter ended March 2024 as against Rs 874.78 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 100.45 crore in the year ended March 2024 as against net loss of Rs 466.11 crore during the previous year ended March 2023. Sales rose 38.69% to Rs 3781.10 crore in the year ended March 2024 as against Rs 2726.27 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales943.29874.78 8 3781.102726.27 39 OPM %15.725.37 -14.4413.20 - PBDT139.0419.83 601 492.76335.28 47 PBT94.76-22.57 LP 310.27264.38 17 NP-257.90-678.91 62 -100.45-466.11 78 Powered by Capital Market - Live News

RHI Magnesita India will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News

RHI Magnesita India has appointed Azim Syed as its new Chief Financial Officer (CFO) & Chief Investor Relations Officer (CIRO), effectivefrom 01 May 2024. Azim brings more than two decades of diverse industry experience to hisnew role at RHI Magnesita India. He was previously part of the global leadership team at RHI Magnesita NV since 2019, where he steered crucial functions in managing Global Supply Chains and Integrated Business Planning while driving key strategic initiatives. As the Chief Financial Officer & Chief Investor Relations Officer at RHI Magnesita India Ltd, Azim will work closely with the executive team to drive financial performance and enable operational efficiencies for the India, West Asia and Africa region. His appointment emphasizes RHIMagnesita India`s commitment to strengthening its leadership team with top talent to drive growth and innovation in the refractories and industrial solutions segment. Powered by Capital Market - Live News

RHI Magnesita India announced that Vijaya Gupta, Chief Financial Officer of the Company has resigned from the position on 14 February 2024. Powered by Capital Market - Live News