RHI Magnesita India Q2 FY27 slides: margins surge despite flat revenue

RHI Magnesita India Limited reported a significant improvement in its Q2 FY27 financial performance, with EBITDA margins surging to 14% despite flat revenue, marking a 332 basis point increase year-over-year. The refractory products manufacturer achieved revenue of INR 1,030 crore, maintaining its position above the INR 1,000 crore threshold for two consecutive quarters.

This financial success is attributed to the company's strategic shift towards profitability over volume, focusing on higher-value orders and solution-based selling. The performance improvement is further highlighted by a 30% increase in operating EBITDA to INR 144 crore and a 62% rise in profit after tax to INR 62 crore, reflecting the company's improved cash conversion efficiency and operational efficiencies.

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