Ram Ratna Wires Ltd reports Q2 FY27 net profit of ₹35.70 crore and approves acquisition of the remaining 50% of Epavo
- Consolidated revenue was ₹1,961.95 crore, up 68.6% year on year and 5.9% sequentially; derived EBIT operating margin was approximately 4.3%.
- Net profit rose 63.7% year on year and 1.5% sequentially.
- Board also approved up to ₹50 crore to acquire land in Rajasthan; standalone results included a ₹7.12 crore impairment loss on its Epavo investment.
- Epavo will become a wholly owned subsidiary upon closing.