Ram Ratna Wires Limited — Updates, 29-01-2025: Press Release

Ram Ratna Wires Ltd. has delivered strong financial performances for Q3 FY25 and the nine-month period culminating on December 31, 2024. The company reported revenues of ₹888.7 crores, reflecting a 27.2% year-on-year increase, while profit after tax (PAT) surged by 56.6% to ₹18.3 crores. EBITDA also saw substantial growth, reaching ₹39.0 crores, a 50.2% increase from the previous year. Notably, the copper tubes and pipes segment experienced a significant sales volume increase of 70%, contributing 17% to the total revenue mix.

The company is set to enhance its production capacity significantly, with the commissioning of a 24,000 MTPA copper tube facility expected soon. This is part of a larger strategy backed by a ₹700 crore investment over three years aimed at meeting rising demand and expanding high-margin operations. The positive momentum driven by robust domestic demand positions Ram Ratna Wires well for continued growth in the coming quarters. Investors should watch closely for the company's ability to capitalize on these trends and capitalize further on the expanding air-conditioning market.