Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Intimation of earning call transcript for Q1 for FY 2023-24.18-08-2023
18-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
No deviation from stated project15-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
No deviation from the stated purpose15-08-2023
Rhi Magnesita India Ltd - 534076 - Announcements Under Regulation 30 Of SEBI LODR Regulation, 2015
Intimation of recording of conference call held on August. 11, 2023.14-08-2023
Q1FY24 Quarterly Result Announced for RHI Magnesita India Ltd.
Industrial Goods company RHI Magnesita India announced Q1FY24 results: The company registered 54% growth in revenue compared to Q1FY23. The Q1FY24 revenue stood at Rs 928 crore as compared to Rs 602 crore during Q1FY23. Adjusted EBITDA stood at Rs 142.5 crore during Q1FY24 as against Rs 119.9 crore during Q1FY23, registering a 19% growth. This healthy growth in revenue and profitability is owing to organic growth, as well as the synergies from the recent acquisitions. Commenting on the results, Parmod Sagar, MD & CEO, RHI Magnesita India said, “We have been able to successfully integrate the two newly acquired businesses and realise the synergies. The M&As; have contributed to 33% of the consolidated revenue during Q1FY24, marking an 18% growth QoQ. The M&A; EBITDA margin improved by 2.3% to reach 13.3% in Q1FY24, which is a testament to the realization of synergies and the consolidation of capabilities of RHI Magnesita India. This successful realization of significant cost and revenue synergies was evident in various aspects such as recipe and raw material harmonization, product transfers, and secondary raw material usage. Overall, the industry is set to experience robust growth driven by sectors like steel, cement, and glass, buoyed by the Government's support in the form of budget and policies. We are strategically combining organic and inorganic growth strategies to meet the rising demand.” Result PDF14-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation of Publication of quarterly financial results in newspapers.12-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Acquisition
Further investment in subsidiary11-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release issued by RHI Magnesita India Limited11-08-2023
Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Investor meet to be held on August 16, 2023 at Mumbai.10-08-2023
Rhi Magnesita India Ltd - 534076 - Intimation Of Statement Of Deviation.
Intimation of Statement of Deviation.10-08-2023