RHI MAGNESITA INDIA LIMITED — Updates, 11-02-2025: Press Release
RHI Magnesita India Limited has reported a significant milestone, surpassing ₹1,000 crore in quarterly revenue for the first time during Q3 FY25. Revenue from operations reached ₹1,011 crore, reflecting a robust 17% quarter-on-quarter growth. Operating EBITDA grew by 8% to ₹132 crore, while profit after tax (PAT) increased by 3.5% to ₹48 crore. The company also observed a 20% increase in shipment volume compared to the previous quarter. The net debt-to-EBITDA ratio improved to 0.3x, down by 0.4x since the start of FY24. Despite ongoing global market challenges, the management remains cautiously optimistic about achieving mid-term goals, highlighting operational efficiencies as a key driver of growth. This performance positions RHI Magnesita India strongly within its sector, indicating potential growth opportunities for investors to watch closely.
