Electrodes & Refractories company RHI Magnesita India announced Q1FY26 results Shipment volumes increased by 4%QoQ. Revenue at Rs 960 crore, increased by 5% QoQ. EBITDA at Rs 103 crore, higher by 10% QoQ. PBT at Rs 48 crore, higher by 27% QoQ. A consistent reduction in Net Debt to EBITDA, improving from 0.3x to 0.2x. Acquisition of Ashwath Technologies at Rs 14 crore on 1st August, 2025 to strengthen steel flow control machinery capabilities in India. Parmod Sagar, Chairman, MD & CEO of RHI Magnesita India, said: “Our Q1FY26 performance underscores the strength of our operating model, even in a highly commoditized and uncertain market. Our resilience is paying off where we are able to gain market share and improve our financial results. Refractory market remains competitive, but we are confident in our market positioning & strategic levers to drive growth, improving our productivity and performing safe operations at all our locations. We are also happy to share a historic milestone of deploying a full end to end robotic solution in a continuous casting system in one of the largest steel plants in India as a testament to our focus on 4PRO business model. We will deploy such business models in many more plants.” Result PDF