Ram Ratna Wires Reports Q3 FY25 Financial Results, Revenue Up 27.2% YoY

Mumbai, January 29, 2025 – Ram Ratna Wires Limited (NSE: RAMRAT, BSE: 522281), a leading manufacturer of enameled copper winding wires, has announced its Q3 FY25 financial results, reporting strong revenue growth and profitability expansion.

Key Financial Highlights (Q3 FY25 - Consolidated)​

• Revenue from Operations: ₹888.7 crores (vs. ₹698.4 crores in Q3 FY24), marking a 27.2% YoY growth.
• Gross Profit: ₹85.8 crores (vs. ₹63.3 crores in Q3 FY24), up 35.5% YoY.
• EBITDA: ₹39.0 crores, with a 4.4% margin (vs. ₹25.9 crores in Q3 FY24, 3.7% margin).
• Profit Before Tax (PBT): ₹23.4 crores (vs. ₹15.6 crores in Q3 FY24), up 49.6% YoY.
• Net Profit (PAT): ₹18.3 crores (vs. ₹11.7 crores in Q3 FY24), reflecting 56.6% YoY growth.
• Earnings Per Share (EPS): ₹3.74 (vs. ₹2.62 in Q3 FY24).

Nine-Month Financial Overview (9MFY25 - Consolidated)​

• Total Revenue: ₹2,720.0 crores (vs. ₹2,179.9 crores in 9MFY24), a 24.8% YoY increase.
• Net Profit: ₹51.5 crores (vs. ₹35.2 crores in 9MFY24), reflecting 46.3% YoY growth.
• EBITDA Margin: 4.1% (vs. 3.8% YoY).

Segment-Wise Performance​

Enameled Wires & Strips​

• Production: 8,418 MT (+3.6% YoY).
• Sales: 8,509 MT (+3.6% YoY).
• EBITDA per tonne: ₹32,293 (+17.6% YoY).

Copper Tubes & Pipes​

• Production: 1,496 MT (+67.2% YoY).
• Sales: 1,546 MT (+69.5% YoY).
• EBITDA per tonne: ₹63,487 (+62.9% YoY).

Expansion & Strategic Developments​

• New Manufacturing Facility in Bhiwadi, Rajasthan:
  
  • Expected to commence operations in FY25.
  • Installed capacity: 24,000 MTPA.
  • Total CAPEX planned: ₹700 crores over 3 years.
• Acquisitions & Joint Ventures:
  
  • 60% stake in Tefabo Product Pvt Ltd (fabrication & renewable energy components).
  • Global Copper Pvt Ltd expanding copper tube capacity from 7,200 to 12,000+ MTPA by FY25.
• PLI Scheme Approval:
  
  • ₹253 crore committed investment under the Production Linked Incentive (PLI) scheme for white goods (air conditioners).

Management Commentary​

Tribhuvanprasad Rameshwarlal Kabra, Chairman, Ram Ratna Wires, stated:

"Our Q3 FY25 results reflect our strategic growth initiatives and operational excellence. With strong demand in enameled wires, copper tubes, and value-added products, we remain focused on expansion, innovation, and margin improvement. Our investments in capacity expansion and acquisitionsposition us well for long-term sustainable growth."

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Ram Ratna Wires continues to drive profitability, enhance product portfolio, and expand into high-growth markets, reinforcing its leadership in the electrical and copper segments.