RAMASTEEL2024-10-012024-12-31 RAMASTEEL2024-10-012024-12-31 RAMASTEEL2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member RAMASTEEL2024-12-31 RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RAMASTEEL2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RAMASTEEL2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member RAMASTEEL2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member RAMASTEEL2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member RAMASTEEL2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 539309 RAMASTEEL NOTLISTED Rama Steel Tubes Limited Equity 2024-04-01 2025-03-31 2025-02-14 2025-02-06 INR Lakhs Third quarter 16:00:00 17:20:00 2025-02-14 2025-02-14 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 2751736000.00 52863000.00 2804599000.00 2258095000.00 495174000.00 -142213000.00 30560000.00 28723000.00 13664000.00 60383000.00 2744386000.00 60213000.00 0.00 60213000.00 3155000.00 2967000.00 6122000.00 0.00 54091000.00 0.00 0.00 0.00 1402000.00 55493000.00 8019000.00 63512000.00 55024000.00 468000.00 62817000.00 694000.00 1554231000.00 1 0.04 0.04 0.00 0.00 0.04 0.04 Notes: These consolidated financial results have been prepared in accordance with Indian Accounting Standards (lnd- AS) as prescribed under section 133 of Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment thereafter. The above consolidated financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2025. Limited review under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 has been carried out by the statutory auditors of the company. The auditors have expressed an unqualified report on the above results. The Company is carrying out the activity of Manufacturing of Steel Tubes Pipes and Trading of Building Material and Steel related products. However as its wholly owned subsidiary company in Dubai viz. RST International Trading FZE and its step down subsidiary company in Nigeria viz. RST Industries Limited is pursuing the business of Trading of Steel Products and Non Ferrous Metal Products. Its subsidiary -Ashoka Infrasteel is also dealing into trading of steel related products. During the quarter, The Group has incorporated wholly owned subsidiary name Rama Defence Private Limited and certificate of incorporation was received on August 31, 2024 from Ministry of Corporate Affairs.The subscription money credited in the month of October, 2024 hence the impact of these transactions of the company has been considered while consolidation. During the quarter, The Board of the Group has accorded their consent in the meeting held on December 10,2024 for subscription of 24.80% stake in M/s Bigwin Buildsys Coated Private Limited for an aggregate consideration of ` 5.65/- Crore, a Company established under the provisions of Companies Act, 2013 vide Corporate Identification Number U28999MH2019PTC335215 having its registered office at 201-2, S C plot no 183, T Anuradha 51 ST Road, Near Veer Savarkar Udyan, Borivali West, Mumbai City, Mumbai, Maharashtra, India- 400092 and consideration shall be made through by issuance of fresh equity shares of Rama Steel Tubes Limited subject to the approvals of statutory authority and shareholders of the company. The issuance of equity shares of Rama Steel Tubes Limited shall be in the form of preferential issue of shares and shall be in compliance with applicable provisions of SEBI (ICDR) Regulations, 2018. As a result, M/s Bigwin Buildsys Coated Private Limited will become the associate of Rama Steel Tubes Limited . During the quarter, The Group has invested 40% in the stake of a newly incorporated company Oram Green Energy Limited on October 28, 2024 and as a result, M/s Oram Green Energy Limited has become the associate of Rama Steel Tubes Limited, thus our share in Net Profit /(Loss) including OCI of Associate for the period October 28,2024 till December 31, 2024 have been considered in the consolidated financials. During the quarter ending December 31, 2024, Axis Bank Ltd. invoked a bank guarantee (BG No. 00550100001322, dated August 3, 2024) amounting to Rs. 35 lakh in favor of The Chief Accounts Officer, Jal Shakti (PHE) Department, Jammu. In response, the Company filed a writ petition with the Hon'ble High Court of J&K and Ladakh at Jammu to recover the amount, as the financial bid submitted on the e-portal had automatically considered the GST rate as nil instead of 18%, potentially affecting the Company's financial position. Consequently, the Company has capitalized this amount. Figures for the previous periods / year have been regrouped/recast wherever necessary, to confirm to the current period's classification. The Consolidated Financial Results for the Quarter and Nine Months ended December 31, 2024 are available on the website of the Company (www.ramasteel.com) and on Stock Exchanges website (www.bseindia.com and www.nseindia.com). Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 7548558000.00 155294000.00 7703852000.00 6178608000.00 1113850000.00 -166888000.00 92142000.00 87643000.00 44939000.00 161176000.00 7511470000.00 192382000.00 0.00 192382000.00 30580000.00 3647000.00 34227000.00 0.00 158155000.00 0.00 0.00 0.00 2498000.00 160653000.00 10513000.00 171166000.00 159109000.00 1545000.00 169928000.00 1240000.00 1554231000.00 1 0.11 0.11 0.00 0.00 0.11 0.11 Other Expenses 60383000.00 Other Expenses 161176000.00 Manufacturing - Steel Pipe 2225323000.00 Trading- Building Material & Steel Products 526413000.00 Unallocated Segment 0.00 Manufacturing - Steel Pipe 5850186000.00 Trading- Building Material & Steel Products 1698372000.00 Unallocated Segment 0.00 2751736000.00 7548558000.00 0.00 0.00 2751736000.00 7548558000.00 Manufacturing - Steel Pipe 18237000.00 Trading- Building Material & Steel Products 19238000.00 Unallocated Segment 0.00 Manufacturing - Steel Pipe 31261000.00 Trading- Building Material & Steel Products 95968000.00 Unallocated Segment 0.00 37475000.00 127229000.00 28723000.00 87643000.00 -52863000.00 -155294000.00 61615000.00 194880000.00 Manufacturing - Steel Pipe 4228766000.00 Trading- Building Material & Steel Products 3026454000.00 Unallocated Segment 0.00 7255220000.00 0.00 7255220000.00 Manufacturing - Steel Pipe 1608430000.00 Trading- Building Material & Steel Products 2068514000.00 Unallocated Segment 0.00 3676944000.00 0.00 3676944000.00 Remeasurement of the Defined Benefit Plans to Employees 42000.00 Net change in fair values of investment in equity shares carried at fair value through OCI 0.00 Remeasurement of the Defined Benefit Plans to Employees 122000.00 Net change in fair values of investment in equity shares carried at fair value through OCI 1462000.00 42000.00 1584000.00 10000.00 31000.00 Exchange Difference on translation of Foreign Operations 7987000.00 Exchange Difference on translation of Foreign Operations 8960000.00 7987000.00 8960000.00 0.00 0.00