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21-Jan-2026 15:55
Rajratan Global gains after Q3 PAT climbs 122% YoY to Rs 21 crore
Total expenses jumped 33.39% to Rs 275.36 crore in Q3 FY26, compared with Rs 206.43 crore in Q3 FY25. The cost of material consumed stood at Rs 175.07 crore (up 23% YoY), employee benefit expenses were Rs 13.85 crore (down 18.78% YoY) and finance costs stood at Rs 7.23 crore (down 8.13% YoY) during the period under review.
Meanwhile, the board of directors, at its meeting held on Wednesday, 21 January 2026, approved the reappointment of Yashovardhan Chordia as chief executive officer & deputy managing director of the company, liable to retire by rotation, for a period of three years with effect from 21 April 2026 to 20 April 2029 (both days inclusive), subject to the approval of the shareholders.
Rajratan Global Wire is engaged in the manufacturing of bead wire, a high-carbon steel wire utilized in the production of tires.
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