This is the ever highest quarterly sales volume reported by the company. Sequentially, the sales volume rose 9.11% in Q3 FY23 from 48,774.67 ton posted in Q2 FY23.

The sales volume for 9 Months FY23 soared 85.48% to 131,824.79 ton as compared to 71,071.35 ton reported in the same period last year.

In 12 months FY23, the sales volume would get further boost from commissioning and ramp-up of New capacity expansion at Khopoli Plant, Maharashtra, said the company.

Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products.

The company's consolidated net profit declined 28.2% YoY to Rs 5.09 crore while net sales surged 79.9% to Rs 347.24 crore in Q2 FY23 over Q2 FY22.