RHIM Reports 30% Q3 Profit Growth
RHI Magnesita India Ltd reported a 29.5% YoY net profit increase to ₹61.5 crore in Q3. Revenue rose 8.1% to ₹1,092 crore and EBITDA grew 14.6% to ₹142.9 crore with an improved EBITDA margin to 13.1%. Chairman Parmod Sagar expressed cautious optimism for future quarters due to market excess capacity, despite achieving record revenues through strategic initiatives.
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