India-based Rama Steel Tubes Ltd has announced that it will invest an additional AED 36 million in its wholly owned subsidiary, RST International Trading FZE, operating in the United Arab Emirates. The investment will be executed through a share acquisition. The Board of Directors also approved an AED 10 million working capital loan to support the subsidiary’s expansion plans and to explore new business opportunities.
Specializing in ERW steel tube manufacturing, Rama Steel Tubes stated that this strategic move aims to strengthen its global market position and expand its presence in the steel and construction materials sectors. The company emphasized that the investment aligns with its broader growth strategy and reflects its commitment to enhancing international operations.
Rama Steel Tubes recently published its financial results for the second quarter and the six-month period ending September 30, 2025. According to the report, second-quarter sales increased from INR 2,630.47 million to INR 3,204.5 million, while revenue rose from INR 2,723.49 million to INR 3,225.47 million. However, net profit declined from INR 40.5 million to INR 13.94 million during the same period.
For the first half of the year, sales increased from INR 4,796.82 million to INR 5,885.84 million, and revenue grew from INR 4,899.25 million to INR 6,007.52 million. Six-month net profit decreased from INR 104.07 million to INR 67.78 million.
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