RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr
RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year. EBITDA saw a 30 percent growth, reflecting operational enhancements despite challenging economic conditions.
Key Takeaways
- RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter.
- The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period.
- Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year.
RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year. EBITDA saw a 30 percent growth, reflecting operational enhancements despite challenging economic conditions.
Original Publisher Attribution
This summary was curated from Economic Times.