India's Ram Ratna Wires rises as quarterly profit more than doubles

Ram Ratna Wires

27/05/2026 05:14

** Shares of India's Ram Ratna Wires RAMR.NS jump as much as about 10.5% to 520 rupees 
** The electrical equipment manufacturer's fourth-quarter consol net profit more than doubled y/y to 390.1 million rupees ($4.07 million)
** Consol revenue from operations up 83.2% y/y, driven by overall growth across segments
** Revenue from winding wires and strips segment climbs 76.1%, while copper tubes and pipes revenue more than doubles
** Total expenses rise 82.2%, largely in line with revenue growth
** Trading volumes nearly 2x the 30-day average
** YTD, stock up ~65.7%

($1 = 95.7400 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru)
 ((Bipasha.Dey@thomsonreuters.com;))