RR MetalMakers India Ltd — Board Meeting, 21-05-2025: Board Meeting

RR Metalmakers India Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported a net profit of Rs. 43.74 lakhs after tax with a total revenue of Rs. 176.91 lakhs for the quarter. Significant operating segments include trading of steel and iron ore with revenues of Rs. 514.39 lakhs and steel manufacturing with Rs. 146.83 lakhs. The company plans to sell its manufacturing plant in Ahmedabad, approved unanimously by shareholders. The audit report contains qualifications relating to revenue recognition of Rs. 1,000.75 lakhs for export sales not yet transferred to customers and older debtors of Rs. 61.17 lakhs, though management believes recovery is likely with legal action initiated. Overall assets stand at Rs. 4761 lakhs with equity at Rs. 928 lakhs.