RHI Magnesita India has appointed Azim Syed as its new Chief Financial Officer (CFO) & Chief Investor Relations Officer (CIRO), effectivefrom 01 May 2024. Azim brings more than two decades of diverse industry experience to hisnew role at RHI Magnesita India. He was previously part of the global leadership team at RHI Magnesita NV since 2019, where he steered crucial functions in managing Global Supply Chains and Integrated Business Planning while driving key strategic initiatives. As the Chief Financial Officer & Chief Investor Relations Officer at RHI Magnesita India Ltd, Azim will work closely with the executive team to drive financial performance and enable operational efficiencies for the India, West Asia and Africa region. His appointment emphasizes RHIMagnesita India`s commitment to strengthening its leadership team with top talent to drive growth and innovation in the refractories and industrial solutions segment. Powered by Capital Market - Live News

RHI Magnesita India announced that Vijaya Gupta, Chief Financial Officer of the Company has resigned from the position on 14 February 2024. Powered by Capital Market - Live News

Net profit of RHI Magnesita India declined 32.89% to Rs 39.38 crore in the quarter ended December 2023 as against Rs 58.68 crore during the previous quarter ended December 2022. Sales rose 43.12% to Rs 922.94 crore in the quarter ended December 2023 as against Rs 644.85 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales922.94644.85 43 OPM %12.6514.30 - PBDT102.0489.20 14 PBT53.8879.16 -32 NP39.3858.68 -33 Powered by Capital Market - Live News

Net profit of RHI Magnesita India declined 1.27% to Rs 71.31 crore in the quarter ended September 2023 as against Rs 72.23 crore during the previous quarter ended September 2022. Sales rose 64.39% to Rs 986.91 crore in the quarter ended September 2023 as against Rs 600.36 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales986.91600.36 64 OPM %14.9816.78 - PBDT142.13106.27 34 PBT97.9596.96 1 NP71.3172.23 -1 Powered by Capital Market - Live News

RHI Magnesita India announced that the 13th Annual General Meeting (AGM) of the company will be held on 28 September 2023.Powered by Capital Market - Live News