Ram Ratna Wires Q3 profit surges 74% on strong volume growth, margin expansion

Ram Ratna Wires Ltd on Friday (February 6) reported a strong operating performance for the December quarter, driven by sharp revenue growth, operating leverage and margin expansion.

The company’s net profit jumped 74% year-on-year to ₹31.3 crore in Q3, compared with ₹18 crore in the corresponding quarter last year.

Revenue from operations rose 43.8% YoY to ₹1,277.9 crore, up from ₹888.6 crore in Q3 last year, supported by healthy demand across its wire and cable portfolio and improved execution during

the quarter.

Operating performance improved significantly. EBITDA surged 85.1% YoY to ₹72 crore, compared with ₹38.9 crore a year ago. EBITDA margin expanded sharply to 5.6% from 4.4% in the year-ago period, reflecting better operating leverage and cost efficiencies.

On the cost front, total expenses for the quarter stood at ₹1,235.2 crore. Cost of materials consumed was ₹1,192.2 crore, while purchases of stock-in-trade were negligible during the quarter. Inventory changes resulted in a reduction of ₹52.7 crore, partially offsetting cost pressures. Employee benefit expenses came in at ₹25 crore, finance costs at ₹20.9 crore and depreciation and amortisation at ₹8.3 crore. Other expenses stood at ₹41.4 crore.

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Ram Ratna Wires Limited (RRWL), branded as RR Shramik, is a leading Indian manufacturer of enamelled winding wires (copper and aluminium), submersible winding wires, strips, and copper tubes used in motors, transformers, fans, pumps, EVs, and the power sectors.

For the nine months ended December 31, the company reported revenue from operations of ₹3,423.8 crore, compared with ₹2,720.0 crore in the year-ago period. Net profit for the nine-month period rose to ₹69.4 crore from ₹51.5 crore last year, aided by improved margins and operating performance.

Bedise financial updates, the company, in its exchange filing, disclosed that Rajeev Maheshwari has been redesignated from Chief Financial Officer (CFO) to Senior Vice President (Accounts & Taxation), designated as Senior Management Personnel, with effect from April 1, 2026.

Appointments

Consequently, he will cease to be the CFO upon closure of business hours on March 31, 2026. The disclosure under Regulation 30 of the Listing Regulations, along with his letter confirming the change in designation, is enclosed as Annexure A.

Separately, the company has appointed Iqbal Singh Saggu as Senior Vice President (Finance) and Chief Financial Officer (CFO), designated as Key Managerial Personnel, with effect from April 1, 2026, pursuant to Section 203 of the Companies Act, 2013.