Industrial Goods company RHI Magnesita India announced Q4FY24 & FY24 results: The company registered 8% growth in revenue compared to the same quarter of the previous financial year. The Q4FY24 revenue stood at Rs 943 crore, as compared to Rs 874 crore during the Q4FY23. The PBT(excluding one-time exceptional items) stood at Rs 95 crore during Q4FY24. Commenting on the results, Parmod Sagar – MD & CEO of RHI Magnesita India Ltd said, “Our fourth quarter results underlined again the attractive growth and resilient results of our business. We have excelled by strategically enhancing our operational efficiencies, driving remarkable and sustained growth. The seamless integration of recent acquisitions has unlocked significant synergies, reflected in the impressive rise in profitability. Our EBITDA and revenue saw substantial year-on-year growth of 49% and 39% respectively. Our rigorous cost optimization initiatives have led to outstanding year-on-year margin improvements this quarter. As we expand our strong presence in iron-making, pellet, and DRI, we are poised to continue leveraging our extensive market reach, diverse product portfolio, and exceptional expertise in Total Refractory Management and Services." Result PDF