RPEL's Revenue Soars and Sets Sights on High-Tech Expansion
Ratnaveer Precision Engineering Ltd, based in Gujarat, reported a nearly 60% increase in profit in the March quarter and a substantial rise in annual revenue. The company is investing heavily in new production facilities to expand into advanced materials, including setting up India's first integrated Copper Clad Laminate plant.
In a significant financial leap, Ratnaveer Precision Engineering Ltd (RPEL) recorded a 60% increase in its profit after tax, reaching Rs 17.03 crore in the March quarter. This growth was fueled by a notable rise in revenue, marking a substantial performance over the year-ago figures.
The Gujarat-based firm's consolidated revenue for the fourth quarter of FY26 stood at Rs 256.29 crore, a 26% surge from the Rs 203.11 crore recorded in the same quarter the previous fiscal year. The annual revenue for the 2025-26 fiscal went up by over 20%, showcasing RPEL's robust business trajectory.
RPEL's strategic initiatives include investing Rs 360 crore to establish India's first fully integrated Copper Clad Laminate plant in Gujarat, aligning with the Production Linked Incentive (PLI) scheme. This move aims to cement its presence in high-tech advanced materials, further strengthening its market position across various industrial sectors.
Google News