Ram Ratna Wires Q1 Net Profit More Than Doubles to Rs 35.2 Crore, Revenue Jumps 89%

Ram Ratna Wires reported a strong June quarter (Q1 FY27), with net profit rising 121% year-on-year to Rs 35.2 crore. Revenue from operations surged nearly 89% compared to the same period last year, reflecting robust demand across key end-user industries.

The company attributed the sharp earnings growth to a combination of higher operating margins and the increasing contribution of its copper tubes business, which has become a meaningful driver of overall performance. Copper tubes are widely used in heating, ventilation, air conditioning, and refrigeration (HVAC/R) systems, an end-market that has seen elevated demand tied to commercial construction, industrial projects, and the rapid expansion of cold-chain infrastructure. The copper tubes segment reflects Ram Ratna Wires' broader diversification strategy beyond its core wire and cable products.

Ram Ratna Wires is a Mumbai-based manufacturer listed on Indian stock exchanges, primarily engaged in the production of wires, cables, and related conductors used across infrastructure, real estate, and industrial sectors. The company's top-line momentum aligns with sustained activity in India's construction and power-infrastructure pipeline, which underpins demand for conductors and cabling products.

Management highlighted several operational factors supporting the quarter's results, including disciplined capital allocation, operational excellence, and improving working capital efficiency. These measures, combined with favourable demand conditions, contributed to margin expansion during the quarter.

The company's growth in the June quarter underscores the benefit of its diversification into value-added product categories such as copper tubes, alongside sustained momentum in its core wire business.

Source: CNBC-TV18 Markets