Ratnamani Metals & Tubes Limited — Others, 16-05-2025: Change in Auditors

Ratnamani Metals & Tubes Ltd. has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025, with an unmodified auditor opinion. The Board has proposed a final dividend of Rs.14 per share (700%) subject to shareholder approval. New appointments include M/s. M.C. Gupta & Co. as Secretarial Auditors for five years, M/s. G.K. Choksi & Co. as Internal Auditors, and M/s. N.D. Birla & Co. as Cost Auditors for FY 2025-26. They plan to issue unsecured/secured redeemable non-convertible debentures up to Rs.500 Cr, pending member approval. Standalone total income stood at ₹4959.45 Cr with net profit of ₹578 Cr and healthy operating cash flow of ₹520.99 Cr. Consolidated total income was ₹5246.09 Cr with net profit of ₹541.57 Cr, indicating stable performance and solid cash generation.