India-based Rama Steel Tubes, which specializes in manufacturing steel pipes and related products, reported a sales volume of 50,921.67 tons in Q2 FY2024-25. This figure represents a 42% increase from the 35,780.327 tons sold in Q2 FY2023-24 and a 36% increase compared to the 37,365.55 tons sold in Q1 FY2024-25.
The company’s total sales volume for the first half of FY2024-25 reached 88,287.22 tons, a 5% y-o-y growth compared to the 84,218.01 tons recorded in the same period last year.
Additionally, the company’s revenue from operations decreased by 30.7% y-o-y, totaling Rs 216.64 crore (around 26 million USD) for the quarter ending 30 June 2024.
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