Rajratan Global Wire reported a 17.5 percent year-on-year increase in consolidated net profit to Rs 24.14 crore for Q2FY26, supported by higher sales volumes across India and Thailand.
Consolidated operating revenue for the quarter rose 26 percent to Rs 370.83 crore from Rs 294.17 crore in the corresponding period of the previous financial year. Total sales volume grew 17 percent year-on-year to 38,605 metric tonnes. Domestic sales volume in India increased 12 percent to 23,344 metric tonnes, while sales volume from its Thailand plant expanded 26 percent to 15,261 metric tonnes.
The company noted that its greenfield Chennai facility achieved a financial turnaround during the quarter, moving into profitability while Phase 1 capacity of 30,000 tonnes per annum approached full utilization. Rajratan is currently expanding the Chennai plant’s capacity to 60,000 tonnes per annum by the third quarter of FY27.
Additionally, the company announced plans to add 50,000 tonnes of capacity to its Thailand facility over the next year, taking total Thailand capacity to 110,000 tonnes per annum to meet regional demand.