RajRatan Global Wire Limited has announced the re-appointment of Mr. Yashovardhan Chordia as Chief Executive Officer & Deputy Managing Director for a three-year term. The Board of Directors approved this decision on January 21, 2026, following recommendations from the Nomination and Remuneration Committee.

Re-appointment Details

The re-appointment is effective from April 21, 2026, to April 20, 2029, and is subject to approval from the company's shareholders. Mr. Chordia will continue in his dual role and remain liable to retire by rotation as per company regulations.

Leadership Profile

Mr. Yashovardhan Chordia brings significant experience and proven leadership to his continued role. He is recognized for his empathetic leadership style and business foresight, having been credited with two major business turnarounds at a young age.

His educational background includes a graduate degree in Finance and Psychology from FLAME University, Pune. Before joining RajRatan in 2013, he gained valuable experience in management consulting, which has contributed to his strategic approach to business leadership.

Business Achievements

Under Mr. Chordia's leadership, the company's Thailand operations have demonstrated remarkable growth and transformation. His strategic initiatives resulted in significant business improvements across multiple metrics.

Strategic Vision

As head of the RajRatan Group, Mr. Chordia is focused on expanding the company's global presence, particularly in European and US markets. His strategic vision involves transforming RajRatan into a trusted supplier for marquee tire manufacturers worldwide, leveraging the company's expertise in wire manufacturing.

Family Connection

The announcement disclosed that Mr. Yashovardhan Chordia is the son of Mr. Sunil Chordia, who serves as Chairman and Managing Director of RajRatan Global Wire Limited. This family relationship was formally disclosed as part of the regulatory requirements for director appointments.

The re-appointment reflects the Board's confidence in Mr. Chordia's leadership capabilities and his track record of delivering business growth and operational excellence across the company's global operations.

Rajratan Global Wire has reported impressive financial results for the third quarter, showcasing strong operational performance and profitability growth. The company's consolidated net profit demonstrated significant improvement compared to the corresponding period in the previous year.

Financial Performance Overview

The company's third quarter consolidated financial results reflect substantial growth in profitability metrics. The net profit figures indicate a strong operational turnaround and improved business fundamentals during the reporting period.

Profitability Analysis

The company achieved a consolidated net profit of ₹20.70 crores in the third quarter, representing a remarkable improvement from ₹9.30 crores recorded in the same quarter of the previous year. This translates to a year-on-year growth rate of 122.58%, indicating strong business momentum and operational efficiency.

The substantial profit growth reflects the company's ability to enhance its financial performance and demonstrates improved operational metrics during the quarter. The more than doubling of net profit suggests effective cost management and revenue optimization strategies.

Business Performance Indicators

The significant increase in consolidated net profit indicates positive business trends and operational improvements. The company's financial performance in the third quarter shows enhanced profitability compared to the previous year's corresponding period.

The strong profit growth demonstrates the company's capacity to generate improved returns and create enhanced value for stakeholders. This performance reflects the effectiveness of business strategies and operational execution during the reporting quarter.