Ratnaveer Precision Engineering Q2 revenue rises 35.5% to Rs 387 crore; net profit up 56%

Ratnaveer Precision Engineering reported a 35.5 percent year-on-year increase in revenue from operations to Rs 387.24 crore in the second quarter of FY27, compared with Rs 285.87 crore in the year-ago period, the company said. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 38.9 percent to Rs 42.16 crore from Rs 30.35 crore, while the EBITDA margin improved to 10.89 percent from 10.62 percent. Net profit increased 56.1 percent to Rs 24.10 crore, against Rs 15.43 crore a year earlier. The net profit margin stood at 6.22 percent, compared with 5.4 percent a year ago. The company in its results announced that for the first half of FY27, revenue grew 27.5 percent to Rs 701.87 crore from Rs 550.49 crore in the corresponding period last year. EBITDA increased 35.5 percent to Rs 78.14 crore, while net profit rose 39.4 percent to Rs 42.33 crore. Ratnaveer Precision Engineering Limited is an Indian manufacturer of stainless-steel products, with a focus on precision-engineered stainless-steel washers, sheets, coils and other related products. The company remains focused on strengthening its operating performance while progressing with planned investments in manufacturing infrastructure and capacity development, the firm said in a statement. The company also said construction of its new CCL plant was around 75 percent complete. Machinery installation and utilities work remain pending, with machinery expected to arrive by mid-November 2026. The company attributed delays to port connectivity constraints and container shortages amid global uncertainty. Trial runs at the facility are expected to begin by December 20, 2026, followed by a trial period of around one month, it said.