RATNAMANI METALS Q2 : CEO COMMENTARY

Subsidiary Performance: • Ravi Technoforge – Revenue at ₹95.6 Cr, ↑ 40% YoY with improved margins; guided for 15–20% annual growth. • RFSS – Achieved ₹110 Cr revenue, showing strong momentum toward its ₹300+ Cr annual target. 🌍 Global Expansion: • Saudi subsidiary commenced operations to set up a stainless steel plant, enhancing presence across the GCC region. 📈 Outlook: With robust order visibility, ongoing expansion projects, and a favorable industry outlook, the company is well-positioned for sustained growth.