Ratnamani Metals & Tubes Limited has announced its Q3FY26 unaudited financial results for the quarter ended December 31, 2025, showing significant revenue decline but maintaining operational resilience. The company submitted its standalone and consolidated financial results under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q3FY26 Standalone Financial Performance

The company's standalone performance for Q3FY26 reflected challenging market conditions with substantial revenue contraction. Revenue from operations declined to ₹794.33 crores compared to ₹1,293.53 crores in Q3FY25, marking a decrease of 38.6%. Net profit for the quarter stood at ₹87.90 crores against ₹145.55 crores in the corresponding period last year, representing a decline of 39.6%.

Consolidated Results Show Similar Trends

The consolidated financial results demonstrated comparable performance patterns across the group. Consolidated revenue from operations decreased to ₹1,065.83 crores from ₹1,316.30 crores in Q3FY25, reflecting a decline of 19.0%. Consolidated net profit attributable to owners of the group was ₹109.85 crores compared to ₹131.31 crores in the previous year.

Exceptional Items and Labour Code Impact

The company recorded exceptional items worth ₹18.20 crores in Q3FY26 related to the statutory impact of new Labour Codes. The Government of India notified four Labour Codes effective November 21, 2025, consolidating 29 existing labour laws. The company made incremental provisions towards additional gratuity and compensated absences attributable to past service cost, primarily due to revised wage definitions under the Labour Codes.

Segment-wise Performance Analysis

The consolidated segment-wise revenue showed mixed performance across business verticals. Steel Tubes and Pipes segment generated ₹771.80 crores compared to ₹1,251.93 crores in Q3FY25. Bearing Rings segment contributed ₹98.48 crores versus ₹63.62 crores in the previous year, showing growth of 54.8%. Pipe Spools and Auxiliary Support Systems segment recorded ₹195.56 crores against ₹7.48 crores in Q3FY25.

Board Meeting and Regulatory Compliance

The financial results were reviewed by the Audit Committee on February 5, 2026, and approved by the Board of Directors on February 6, 2026. The board meeting commenced at 11:30 AM and concluded at 3:00 PM. Company Secretary & Compliance Officer Anil Maloo oversaw the regulatory submissions to BSE Limited and National Stock Exchange of India Limited. The trading window for dealing in company securities will reopen 48 hours after the publication of financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Ratnamani metals & tubes Limited has received an Environmental, Social, and Governance (ESG) rating from NSE Sustainability Ratings & Analytics Limited. The company disclosed this development to stock exchanges on January 9, 2026, pursuant to regulatory requirements under SEBI listing obligations.

ESG Rating Details

The rating assignment represents a significant milestone in the company's sustainability journey. Key details of the ESG rating are presented below:

The rating was communicated to the company via BSE email on January 8, 2026, at approximately 16:18 hours IST. This voluntary assessment reflects the company's commitment to transparency in sustainability reporting and corporate governance practices.

Assessment Methodology

NSE Sustainability Ratings & Analytics Limited based their evaluation on comprehensive data sources to ensure accuracy and reliability. The rating methodology incorporated multiple information streams:

• Business Responsibility and Sustainability Report (BRSR) for FY 2024-25
• Publicly available information in the domain
• Corporate disclosures and regulatory filings
• Sustainability performance metrics

This multi-faceted approach ensures that the ESG rating reflects a holistic view of the company's environmental, social, and governance performance across various operational parameters.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was sent to both major stock exchanges where the company's shares are listed:

• BSE Limited (Company Code: 520111)
• National Stock Exchange of India Limited (Company Code: RATNAMANI)

The ESG rating information has been made available on the company's official website at www.ratnamani.com , ensuring transparency and accessibility for all stakeholders. This disclosure demonstrates the company's adherence to regulatory frameworks and commitment to maintaining high standards of corporate governance.

Market Implications

ESG ratings have become increasingly important for investors and stakeholders in evaluating corporate performance beyond traditional financial metrics. The voluntary nature of this rating assignment indicates Ratnamani Metals & Tubes' proactive approach toward sustainability reporting and stakeholder engagement. Such ratings typically influence investment decisions, particularly among institutional investors who prioritize sustainable and responsible investment practices.