RATNAMANI Ratnamani Metals & Tubes Q2 FY26 results (Jul–Sep 2025) and concall
Ratnamani reported a strong quarter on a consolidated basis, largely fueled by the momentum in its subsidiaries RTL and RFSS. While the domestic line pipe market remains subdued, the company is successfully pivoting toward international markets (GCC and Europe) and high-value segments like nuclear power. Significant capacity expansions in Orissa and Saudi Arabia are on track to support a major revenue scale-up over the next three years.
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What they filed
Q2 FY26: revenue up 4.7%, net profit up 5.9% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 898 | 1,294 | 1,575 | 1,062 | 940 +5% |
| EBITDA | 149 | 214 | 292 | 192 | 140 −6% |
| Net profit | 102 | 146 | 225 | 145 | 108 +6% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
