Remi Edelstahl Tubulars Ltd — Results, 29-07-2025: Result

Remi Edelstahl Tubulars' board has approved the financial results for the quarter ended June 30, 2025, reporting a net profit of ₹0.21 Cr on revenue of ₹26.62 Cr. A key development is a strategic partnership with WSG Co. Limited, South Korea. WSG will invest USD 1 million (~₹8.66 Cr) for technology license and machinery to manufacture UHP and titanium tubes in India. The company also plans to raise capital through preferential allotments: ₹8.65 Cr via warrants to WSG, and ₹15.47 Cr via equity shares to promoter and non-promoter groups, pending shareholder approval. The Annual General Meeting is scheduled.