Remi Edelstahl Tubulars Announces Global Expansion and Q1 FY26 Results Jul 29, 2025
More news about Remi Edelstahl Tubulars
29Jul 25
Remi Edelstahl Tubulars Reports Q1 Profit Growth, Inks Strategic Partnership with South Korean Firm
Remi Edelstahl Tubulars Limited reported a 7.23% increase in net profit to Rs 21.07 lakhs for Q1 FY2026. Total income rose by 18.73% to Rs 2,734.74 lakhs. The company entered a strategic partnership with South Korean firm WSG Co. Limited to manufacture Ultra High Purity and titanium stainless steel tubes in India. WSG will invest USD 1 million through convertible warrants. The partnership aims to enhance Remi's technological capabilities and global competitiveness. The Board approved preferential allotment of shares to promoter and non-promoter investors.