Ratnamani Metals & Tubes' Q3 FY 2025-26 Quarterly Results
- 07 Feb 2026
Result Summary
- Ratnamani Metals & Tubes Ltd reported a 10.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 17.8%.
- Its expenses for the quarter were down by 11.5% QoQ and 21.4% YoY.
- The net profit decreased 13.2% QoQ and increased 1.7% YoY.
- The earnings per share (EPS) of Ratnamani Metals & Tubes Ltd stood at 15.66 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1097.00 | 1218.59 | 1335.00 | -10.0% | -17.8% |
Total Expenses | 901.72 | 1019.15 | 1146.87 | -11.5% | -21.4% |
Profit Before Tax | 177.08 | 199.44 | 188.12 | -11.2% | -5.9% |
Tax | 41.70 | 43.40 | 54.94 | -3.9% | -24.1% |
Profit After Tax | 135.38 | 156.04 | 133.17 | -13.2% | 1.7% |
Earnings Per Share | 15.66 | 19.43 | 18.99 | -19.4% | -17.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ratnamani Metals & Tubes Ltd is a prominent player in the metal industry, primarily engaged in the manufacturing and supply of stainless steel and carbon steel pipes and tubes. These products cater to various sectors, including oil and gas, refineries, petrochemicals, fertilizers, and power plants, positioning the company as a critical component of infrastructure development. As of the data available up to October 2023, no major recent developments are explicitly known for the company. However, the industry is generally characterized by fluctuations in raw material prices and changes in demand from industrial sectors, which can impact financial performance.
Revenue
In Q3FY26, Ratnamani Metals & Tubes Ltd reported a total income of ₹1097.00 crores. This marks a decrease from both the previous quarter (Q2FY26) and the same quarter of the previous year (Q3FY25), where the total income was ₹1218.59 crores and ₹1335.00 crores, respectively. The quarter-over-quarter (QoQ) change is a decline of 10.0%, while the year-over-year (YoY) change shows a reduction of 17.8%. These figures indicate a decrease in revenue generation compared to both the previous quarter and the corresponding quarter last year.
Profitability
The profit before tax for Q3FY26 was ₹177.08 crores, which is a decrease from Q2FY26's ₹199.44 crores and Q3FY25's ₹188.12 crores. The quarter-over-quarter change is a decline of 11.2%, while the year-over-year change shows a decrease of 5.9%. The tax expense for Q3FY26 was ₹41.70 crores, down from ₹43.40 crores in Q2FY26 and ₹54.94 crores in Q3FY25, reflecting a YoY decrease of 24.1%. The profit after tax recorded was ₹135.38 crores, showing a QoQ decline of 13.2% from Q2FY26's ₹156.04 crores, but a slight YoY increase of 1.7% from Q3FY25's ₹133.17 crores. Earnings per share (EPS) for Q3FY26 was ₹15.66, showing a decline from both the previous quarter and the previous year's same quarter, with changes of -19.4% QoQ and -17.5% YoY.
Operating Metrics
Total expenses for Q3FY26 were reported at ₹901.72 crores, which represents a decrease from ₹1019.15 crores in Q2FY26 and ₹1146.87 crores in Q3FY25. The quarter-over-quarter change is a reduction of 11.5%, and the year-over-year change is a decrease of 21.4%. This decline in total expenses aligns with the overall reduction in total income and may reflect adjustments in operational efficiencies or cost management strategies during the period. The financial data does not provide explicit details on additional operating metrics such as production volumes or capacity utilization, which are often critical in understanding the operational aspects of a manufacturing firm like Ratnamani Metals & Tubes Ltd.