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CNBC TV18

Ram Ratna Wires posts 120.8% profit jump as copper tubes lift June 30, 2026 quarter

AI Market Summary
Ram Ratna Wires' sharp profit and revenue growth was driven partly by rising contribution from copper tubes, pointing to solid end-demand in cooling and industrial applications. While the company is a single-name equity story, the mix shift underscores ongoing consumption strength for copper-intensive industrial products. The market impact is limited, but the data marginally supports copper demand sentiment amid broader electrification and infrastructure spending themes.
Impact level
● Low
Affected assets
NCCO724COPPER2USD/USDT+0.60%
AI Insight · NCCO724COPPER2USD/USDTAI Insight
● Neutral
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Ram Ratna Wires reported revenue of ₹1,853.3 crore for the quarter ended June 30, 2026, up 88.6% year on year, while net profit surged 120.8%. The company said its copper tubes business increased its share of total revenue to 26%, emerging as a key driver of the earnings upswing. The shift highlights expanding downstream demand for copper industrial tubing, closely tied to end-market consumption of the base industrial metal.
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