Rama Steel Tubes Announces Quarter Results, Approves Cost Auditor and Board Expansions
Rama Steel Tubes Limited released its unaudited financial results for the quarter ended June 30, 2026, announcing key operational details alongside strategic corporate appointments. The company reported both standalone and consolidated performance metrics following a board meeting held on August 14, 2026.The Board of Directors considered and approved the Unaudited Financial Results (both Standalone and Consolidated) for the quarter ended June 30, 2026. Furthermore, the Board formalized the appointment of Mis Dhawan & Co. as the Cost Auditor for the financial year 2026-27 and sanctioned the addition of a new director to its board structure.
Financial Performance Highlights
The company's results were presented across both standalone and consolidated statements. The following table provides key figures from the Standalone Financial Results for the Quarter ended June 30, 2026 (figures are in Lakhs except EPS).| Particulars | Qtr Ended June 30, 2026 (Unaudited) | Qtr Ended March 31, 2026 (Unaudited) | Qtr Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 17,407.87 | 18,849.26 | 24,266.56 | 95,433.38 |
| Other Income | 143.92 | 392.57 | 1,098.67 | 2,053.41 |
| Total Income | 17,551.79 | 19,241.82 | 25,365.22 | 97,486.79 |
| Total Expenses | 17,324.00 | 19,038.60 | 24,516.62 | 95,544.30 |
The Consolidated Financial Results for the Quarter ended June 30, 2026 are as follows:
| Particulars | Qtr Ended June 30, 2026 (Unaudited) | Qtr Ended March 31, 2026 (Unaudited) | Qtr Ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 22,333.64 | 24,615.27 | 26,813.45 | 112,411.91 |
| Other Income | 103.83 | 374.52 | 1,007.06 | 1,824.88 |
| Total Income | 22,437.47 | 24,989.79 | 27,820.51 | 114,236.79 |
Key Corporate Appointments
During the meeting, two significant appointments were formalized:Cost Auditor Appointment:
M/s Dhawan & Co., a sole proprietorship firm of Cost Accountants registered in Ghaziabad, was appointed as the Cost Auditor for Rama Steel Tubes Limited for the financial year 2026-27. The firm provides services including Cost Audit and Internal Audit.
Additional Director Appointment:
Mrs. Anju Kumari was approved for appointment as Additional Non-Executive Independent Woman Director of the Company. This position is set to become effective from October 1, 2026, for a term of five years, pending shareholder approval. Mrs. Kumari holds an LL.B. and MBA and has experience in civil and criminal laws, litigation, and dispute resolution.
Audit and Review Status
The unaudited financial results have been reviewed by statutory auditors under the Standard on Review Engagements (SRE) 2410. For both standalone and consolidated results, a Limited Review Report was issued.The review confirmed that nothing came to the attention of the auditors that suggested the statements were not prepared in all material respects in accordance with applicable accounting standards or contained any material misstatement. The company also reported that its subsidiary RST International Trading FZE has an outstanding loss after tax (including OCI) of approximately 15.62 Lakhs for the quarter ended June 30, 2026.
Management noted that they are evaluating the possible impacts of the government’s New Labour Codes on contract workforce following the publication of draft Central Rules and FAQs by the Ministry of Labour & Employment.
RAMASTEEL Stock Price Movement
Ramasteel shares settled lower today, slipping by 1.78% to close at ₹4.41 after trading in the Capital Goods sector. The stock saw a total traded volume of 468,955 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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