Rathi Steel and Power Limited is an India-based company, which is primarily engaged in the business of steel and steel-related products. The Company offers thermo-mechanically treated (TMT) bars and wire rods. It markets its products under the brand RATHI. The Company's TMT rebars are applicable in reinforced concrete construction, such as reinforced concrete constructions such as buildings, bridges, reservoirs, roads, irrigation and power structures, dock and harbor structures, foundations, piles, precast concrete and others. It uses Thermex Technology to produce TMT bars. It manufactures wire rods of all grades of 200 series, 300 Series and 400 series, ranging from 5.5 millimeters (mm) to 14.00 mm. The Company is also engaged in manufacturing special grade steel billets for manufacturing special grade wire rods at its Unit in Ghaziabad, Uttar Pradesh. Its Ghaziabad plant consists of steel rolling mills with an installed capacity of approximately 2,00,000 tons per annum.
RATHI STEEL & POWER LTD. Quarterly Result Highlights
- RATHI STEEL & POWER LTD. reported revenue of ₹101.89 crore in Jun 2014, compared with ₹152.35 crore in Mar 2014, representing a decrease of 33.12% on a quarter-on-quarter (QoQ) basis.
- RATHI STEEL & POWER LTD. reported an operating loss of ₹16.01 crore in Jun 2014, compared with ₹29.57 crore in Mar 2014, representing an increase of 45.86% on a quarter-on-quarter (QoQ) basis.
- RATHI STEEL & POWER LTD. reported a loss of ₹16.01 crore in Jun 2014, compared with ₹1.94 crore in Mar 2014, reflecting a decrease of 725.26% on a QoQ basis.