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Rama Steel Tubes reports 78% increase in sales volume in Q2FY23

04 Oct 2022 Evaluate

Rama Steel Tubes has reported increase of 78% year-on-year (YoY) Basis in sales volume at 48,774.67 Ton in Q2FY23. The company has reported 68% jump in sales volume at 78,608.63 Ton in H1FY23 as compared to 46,698.18 Ton in the last year.

As per the company, in H2FY23, the sales volume would get further boost from commissioning and ramp-up of New capacity expansion at Khopoli Plant, Maharashtra.

Rama Steel Tubes is a leading player engaged in the manufacturing and trading of Steel Tubes & Pipes and Rigid PVC (Poly Vinyl Chloride) & G.I. (Galvanised Iron) Pipes in India as well as in the world.

Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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