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Rathi Steel and Power Limited

5 articles
Rathi Steel and Power Limited concluded a strong fiscal year, highlighted by a nearly doubling of Q4 profit attributable to shareholders (PAT) reaching ₹7.45 crore, a 96% year-over-year increase. This performance was underpinned by robust revenue growth of 63.34% to ₹244.57 crore, driven by increased demand for TMT bars and stainless steel products. Notably, the company achieved zero debt status through a ₹114.71 crore preferential allotment and strategic plant modernization, while also expanding green power usage and pursuing certifications for sustainable steel products, signaling a focus on operational efficiencies and future growth. Investors should monitor Rathi Steel’s progress toward its target of 80% capacity utilization and expansion into premium TMT bar segments.