Rama Steel Tubes Quarterly Results: Check revenue, PAT, and bonus issue news

Rama Steel Tubes has announced its Quarterly Results wherein total revenue of INR 3500.79 MN was reported for Q2 FY23. Also, total sales volume stood at 48,774.67 MT for Q2 FY23. EBIDTA stood at INR 109.96 MN in Q2FY23 against INR 121.84 MN in Q2FY22., whereas PAT Margin stood at INR 55.72 MN in Q2FY23 against INR 69.71 MN in Q2FY22.

H1FY2023 consolidated performance overview compared with H1 FY2022

- Total revenue of INR 5937.01 MN for H1 FY23

Add Zee Business as a Preferred Source

- Total Sales Volume of 78,608.63 MT for H1 FY23

- EBIDTA stood at INR 209.14 MN in H1FY23 against INR 242.99 MN in H1FY22

- PAT Margin (including OCI) stood INR 104.32 MN in H1FY23 against INR 139.96 MN in H1FY22

Moreover, a company statement said, "The Board of Directors will meet on Friday, November 18, 2022, to consider issuance of fully paid Bonus Equity shares and proposal related to acquisition of companies."