Rama Steel Clocks Highest-Ever Sales Volume in Q3
Rama Steel recorded the highest sales volume of 53,216.16 ton in the December quarter (Q3FY23). The sales volume for 9 months (April-December) of FY23 was 131,824.79 tons compared to 71,071.35 tons last year. In 12 months FY23, the management expects that the sales volume would further boost from commissioning and ramp-up of new capacity expansion at Khopoli Plant, Maharashtra. Rama Steel Tubes focuses on business growth opportunities from government programs like housing for all, affordable housing, smart cities, the national highway development program, the Swachh Bharat mission, NAL Se JAL, the Jal Shakti Scheme, the RGGVY (Rajiv Gandhi Grameen Vidyutikaran Yojana), the DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), etc. Additionally, the company is in the process of entering certain specialised markets, such as the provider of steel pipes and tubes to city gas distribution and solar energy power plants.
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