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RHI Magnesita has announced to enter into a strategic joint venture (JV) with Khemka Refractories, a renowned refractory raw-materials manufacturer in India. Together the companies will accelerate circular business models and establish a greenfield refractory recycling facility in the eastern state of Odisha, India. Strategically located in the heart of India`s steel production and close to major Industrial manufacturers, the proposed facility will support the rapidly growing demand for closed loop sustainable solutions in the Indian refractory market by creating an integrated recycling supply chain. The joint venture will focus on the recovery, processing and reuse of spent refractory materials, increase the availability of high-value raw materials for refractories and other markets and provide customers with customized recycling and enhanced sustainability solutions.

RHI Magnesita India announced that the Board of Directors of the Company at its meeting held on 29 May 2026, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 250%) , subject to the approval of the shareholders.

Net loss of RHI Magnesita India reported to Rs 518.11 crore in the quarter ended March 2026 as against net profit of Rs 36.18 crore during the previous quarter ended March 2025. Sales rose 1.56% to Rs 932.26 crore in the quarter ended March 2026 as against Rs 917.97 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 382.94 crore in the year ended March 2026 as against net profit of Rs 202.51 crore during the previous year ended March 2025. Sales rose 9.40% to Rs 4019.95 crore in the year ended March 2026 as against Rs 3674.50 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales932.26917.97 2 4019.953674.50 9 OPM %9.3710.13 -10.9913.04 - PBDT104.3884.49 24 433.49462.58 -6 PBT53.2137.83 41 236.47262.66 -10 NP-518.1136.18 PL -382.94202.51 PL Powered by Capital Market - Live News

Net loss of RHI Magnesita India reported to Rs 624.42 crore in the quarter ended March 2026 as against net profit of Rs 36.39 crore during the previous quarter ended March 2025. Sales rose 4.01% to Rs 785.71 crore in the quarter ended March 2026 as against Rs 755.45 crore during the previous quarter ended March 2025.For the full year,net loss reported to Rs 467.69 crore in the year ended March 2026 as against net profit of Rs 223.00 crore during the previous year ended March 2025. Sales rose 16.07% to Rs 3356.59 crore in the year ended March 2026 as against Rs 2891.86 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales785.71755.45 4 3356.592891.86 16 OPM %9.099.61 -10.2813.26 - PBDT73.2570.17 4 344.52378.01 -9 PBT50.4250.81 -1 260.57300.86 -13 NP-624.4236.39 PL -467.69223.00 PL Powered by Capital Market - Live News

RHI Magnesita India will hold a meeting of the Board of Directors of the Company on 28 May 2026.