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Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 and further to our earlier intimation dated 24 January 2024, the audio recording of the conference call held on 14 February 2024, for discussing the earning performance of the quarter ended 31 December 2023, has been uploaded on the Company's website at the below link:
15-02-2024
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Rhi Magnesita India Ltd - 534076 - Announcement under Regulation 30 (LODR)-Investor Presentation

Intimation regarding Investor Presentation of quarter and nine months ended December 31 2023
14-02-2024
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Q3FY24 Quarterly Result Announced for RHI Magnesita India Ltd.

Industrial Goods company RHI Magnesita announced Q3FY24 results: The company recorded a remarkable 43% year-on-year growth in revenue compared to the same quarter of the previous financial year. The revenue for Q3FY24 amounted to Rs 922.9 crore, a substantial increase from Rs 644.8 crore reported during Q3FY23. However, the Profit Before Tax for the period stood at Rs 53.9 crore, showing a decrease from Rs 79.2 crore reported during Q3FY23. Commenting on the results, Parmod Sagar, MD & CEO of RHI Magnesita India, remarked, "The quarter showcased sustained year-on-year growth in the top line, driven by robust shipments, signaling a positive demand outlook. The recent acquisitions have bolstered our organic volume growth. While there was an improvement in material costs, increased investment in a skilled workforce and other expenses put pressure on EBITDA margins. We remain focused on strategizing to enhance operational efficiencies and capitalize on synergies from all recent acquisitions." Result PDF
13-02-2024
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Rhi Magnesita India Ltd - 534076 - Statement Of Deviation

Statement of deviation enclosed for Q3
13-02-2024
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Rhi Magnesita India Ltd - 534076 - Board Meeting Outcome for Outcome Of Board Meeting Dated 13 February 2024 Pursuant To Regulation 30 & 33 Of SEBI {Listing Obligations And Disclosure Requirements) Regulations, 2015

In reference to Company''s letter dated 15 January 2024 with regard to intimation for convening meeting of Board of Directors of the Company and pursuant to Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, {''Listing Regulations''), we wish to inform you that the Board of Directors of the Company at the meeting held today has approved the Unaudited Consolidated and Standalone Financial Results for the quarter and nine months ended 31 December 2023. Further, we would like to state that Price Waterhouse, Chartered Accountants LLP, Statutory Auditors of the Company have issued limited review reports on the above said financial results.
13-02-2024
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