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RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr

Published by The Economic Times · India 46 min ago
RHI Magnesita Q2 net profit jumps 62 pc to over Rs 62 cr
The Economic Times

Detailed summary

RHI Magnesita has reported a remarkable surge in net profit, soaring to Rs 62.09 crore for the September quarter. The consolidated revenues experienced a modest increase, hitting Rs 1,038.26 crore this period. Additionally, overall expenses decreased to Rs 953.06 crore compared to the last year. EBITDA saw a 30 percent growth, reflecting operational enhancements despite challenging economic conditions.

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