The company has received new domestic orders aggregating to Rs 136.79 crore and new export orders aggregating to Rs 52.84 crore for supply of tubes and pipes, from the Oil & Gas and Power Sectors, to be executed between February 2022 to May 2023.

Ratnamani Metals & Tubes is engaged in providing total piping solutions to a diverse range of industries.

On a consolidated basis, the company posted a 26.1% rise in net profit to Rs 71.52 on a 23.4% surge in net sales to Rs 711.70 crore in Q2 FY22 over Q2 FY21.