Profit before tax in Q3 FY23 was at Rs 178.35 crore, registering a growth of 51.5% from Rs 117.72 crore recorded in the corresponding quarter previous year.

Total expenses rose 13.14% YoY to Rs 927.75 crore in Q3 FY23. Cost of materials consumed was at Rs 901.77 crore (up 31.32% YoY) and employee expenses stood at Rs 56.60 crore (up 34.92% YoY).

Ratnamani Metals & Tubes provides critical tubing and piping solutions to diverse range of industries & niche markets.