Ram Ratna Wires Limited has submitted to the Exchange, the Revised Audited (Standalone and Consolidated) financial results of the Company for the Quarter & Financial year ended on March 31, 2025 giving effect to the Scheme of Amalgamation of Global Copper Private Limited (Transferor Company) with and into the Company (Scheme).
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The board approved revised audited (standalone and consolidated) financial results for the quarter and year ended March 31, 2025, incorporating the merger of its subsidiary Global Copper Private Limited with the company. The NCLT sanctioned the scheme on May 29, 2025, and it became effective on June 23, 2025, with a retrospective appointed date of April 1, 2024. On a restated merged basis, standalone revenue from operations rose to Rs 3,62,267.94 lakhs in FY25 from Rs 2,95,917.72 lakhs in FY24 (up about 22%), while PAT grew to Rs 7,172.32 lakhs from Rs 5,996.56 lakhs. The swap ratio is 6 equity shares of Rs 5 each of Ram Ratna Wires for every 1 share of Rs 10 held in Global Copper, with June 25, 2025 fixed as the record date for merger entitlement shareholders. The statutory auditor issued an unmodified opinion with an emphasis of matter on the amalgamation. The board also fixed August 18, 2025 as the record date for a recommended dividend of Rs 2.50 per share (50%), and the 33rd AGM is scheduled for August 29, 2025.
Shareholders should note the share count will increase due to the merger swap, so per-share figures in the revised results are adjusted accordingly. The restated numbers give a clearer picture of the combined business going forward and may affect year-on-year comparisons investors were tracking earlier.