On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 were 37,365.55 tons in Q1 FY25.

The company has reported sales volume of 88,287.22 tons for H1 FY25 compared to 84,218.01 tons posted in H1 FY24, up 5% YoY.

Rama Steel Tubes is engaged in the business of manufacturing of Steel Pipes and related products.

The company reported 10% decline in consolidated net profit to Rs 6.36 crore in Q1 FY25 as against Rs 7.07 crore posted in Q1 FY24. Revenue from operations fell 30.7% year on year to Rs 216.64 crore during the quarter ended 30 June 2024.

The scrip declined 3.22% to currently trade at Rs 13.84 on the BSE.