Hot Pursuit     22-Aug-22
Ratnamani Metals bags new orders worth Rs 1,186 crore
Ratnamani Metals & Tubes said that it has received new orders aggregating to Rs 1,186 crore in the first fortnight of current month.

The company has bagged domestic orders aggregating to Rs 1083 crore to be executed over next 4 to 24 months.

It has also secured export orders aggregating to Rs 103 crore to be executed in the current financial year 2022-23.

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

The company's consolidated net profit surged 72.28% to Rs 86.83 crore on a 85.70% increase in sales to Rs 976.80 crore in Q1 FY23 over Q1 FY22.

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