Rama Steel Tubes is engaged in the business of manufacturing steel pipes and related products.
The company reported a 34.6% decline in consolidated net profit to Rs 4.05 crore in Q2 FY25 as against Rs 6.19 crore posted in Q2 FY24. Net sales rallied 29.4% year on year to Rs 263.05 crore during the quarter ended 30 September 2024.
The scrip shed 0.57% to currently trade at Rs 12.29 on the BSE.