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The sales for the December 2018 quarter moved up 41.79% to Rs. 1166.90 millions as compared to Rs. 823.00 millions during the corresponding quarter last year.The Net Loss for the quarter ended December 2018 is Rs. -178.10 millions as compared to Net Loss of Rs. -139.10 millions of corresponding quarter ended December 2017 Operating profit Margin for the quarter ended December 2018 further decreased to -147.40% as compared to -13.30% of corresponding quarter ended December 2017 (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1166.90 823.00 41.79 3572.10 1387.40 157.47 2400.90 2620.40 -8.38 Other Income 4.80 2.30 108.70 30.00 25.50 17.65 46.80 61.70 -24.15 PBIDT -147.40 -13.30 1008.27 -296.00 -67.20 340.48 -60.70 -92.20 -34.16 Interest 13.60 109.90 -87.63 80.50 340.80 -76.38 468.30 450.70 3.91 PBDT -161.00 -123.20 30.68 -81.60 -408.00 -80.00 -479.00 -517.90 -7.51 Depreciation 17.10 15.90 7.55 50.20 48.80 2.87 66.10 66.30 -0.30 PBT -178.10 -139.10 28.04 -131.80 -456.80 -71.15 -545.10 -584.20 -6.69 TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -178.10 -139.10 28.04 -131.80 -456.80 -71.15 -545.10 -584.20 -6.69 Equity 2080.20 650.60 219.74 2080.20 650.60 219.74 650.60 650.60 0.00 PBIDTM(%) -12.63 -1.62 681.67 -8.29 -4.84 71.08 -2.53 -3.52 -28.15

RMG Alloy Steel is currently trading at its upper circuit limit of Rs. 24.35, up by 1.15 points or 4.96% from its previous closing of Rs. 23.20 on the BSE.The scrip opened at Rs. 24.35 and has touched a high and low of Rs. 24.35 and Rs. 24.35 respectively. So far 325 shares were traded on the counter.The BSE group `X` stock of face value Rs. 6 has touched a 52 week high of Rs. 27.00 on 05-Jun-2018 and a 52 week low of Rs. 5.19 on 21-Dec-2017.Last one week high and low of the scrip stood at Rs. 24.35 and Rs. 20.00 respectively. The current market cap of the company is Rs. 804.33 crore.The promoters holding in the company stood at 55.85%, while Institutions and Non-Institutions held 0.01% and 44.14% respectively.RMG Alloy Steel’s Board has decided to increase capex plan from Rs 150 crore to Rs 232 crore, looking to the long term promising outlook for the Company’s business segment viz. manufacturing of alloy steel and seamless tube and the unit being located in Gujarat.The company has decided to spend approximately Rs 125 crore to put up new state of art, world class, fully automated rolling mill to manufacture small diameter i.e. 20 mm-70 mm rolled products in-house, which is presently rolled outside, while approximately Rs 23 core to put up the facilities like AOD, induction furnace etc.Besides, approximately Rs 35 crore has been planned for existing seamless pipe plant to produce engineering grade of stainless steel seamless tubes pipes for critical application in nuclear power plants, oil and gas sectors, space and aviation etc. In addition, approximately Rs 50 crore capex is towards common utility, infrastructure, contingencies etc.This investment is expected to be fully recovered in 3-5 years through Gujarat Government Incentives.RMG Alloy Steel (formerly known as Remi Metals Gujarat has grown into a multi-product Alloy/Special Steel Plant engaged in the manufacture of Alloy Steel, Stainless Steel, Seamless Tubes and Pipes.

Net sales declined -13.95%  to  Rs. 510.10 million from Rs. 592.80 millions.The Net Loss for the quarter ended March 2017 is Rs. -168.70 millions as compared to Net Loss of Rs. -107.10 millions of corresponding quarter ended March 2016 Operating profit Margin for the quarter ended March 2017 further decreased to -34.80% as compared to -34.70% of corresponding quarter ended March 2016 (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201603 201503 % Var Sales 510.10 592.80 -13.95 2344.10 2681.70 -12.59 2681.60 3337.30 -19.65 Other Income 11.90 12.70 -6.30 61.60 20.50 200.49 20.60 116.00 -82.24 PBIDT -34.80 -34.70 0.29 -95.10 -108.60 -12.43 -108.60 24.40 -545.08 Interest 117.90 110.70 6.50 449.10 458.00 -1.94 458.00 498.80 -8.18 PBDT -152.70 -127.90 19.39 -519.20 -534.50 -2.86 -534.50 -248.50 115.09 Depreciation 16.00 -20.80 -176.92 65.90 66.20 -0.45 66.20 117.70 -43.76 PBT -168.70 -107.10 57.52 -585.10 -600.70 -2.60 -600.70 -366.20 64.04 TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT -168.70 -107.10 57.52 -585.10 -600.70 -2.60 -600.70 -366.20 64.04 Equity 650.60 650.60 0.00 650.60 650.60 0.00 650.60 650.60 0.00 PBIDTM(%) -6.82 -5.85 16.55 -4.06 -4.05 0.18 -4.05 0.73 -653.93

RMG Alloy Steel has informed that a meeting of the Board of Directors of the Company is scheduled to be held on May 25, 2016, to consider and approve the standalone audited financial statements of the Company for the quarter and the year ended March 31, 2016. Further, the trading window for dealing in the securities of the Company by the Insiders, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 2015 is closed from May 18, 2016 to May 27,2016.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed that the meeting of Board of Directors of the Company is scheduled on August 13, 2015, to consider and approve Un-audited Financial Results for the quarter ended June 30, 2015. Further, the trading window for dealing in the securities of the Company by the insiders, as defined under the SEBI (Prohibition of Insider Trading) Regulations, 1992 shall remain closed from August 06, 2015 to August 14, 2015.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed that Anuj Buraka has been appointed as an additional director of the Company with effect from May 28, 2015 and Nilesh Javkar also has been appointed as a Company Secretary of the Company with effect from May 27, 2015.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed that Sanjay Kukreja has been appointed as the Chief Financial Officer (CFO) of the Company with effect from February 10, 2015.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed about the Standalone Financial Results & a copy of the Limited Review Report for the period ended September 30, 2014.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed regarding the details of Voting results at the Annual General Meeting of the company held on September 29, 2014, under Clause 35A.The above information is a part of company’s filings submitted to BSE.

RMG Alloy Steel has informed about the Standalone Financial Results & a copy of the Limited Review Report for the period ended June 30, 2014.The above information is a part of company’s filings submitted to BSE

RMG Alloy Steel has informed about the Financial Results for the period ended March 31, 2014.The above information is a part of company’s filings submitted to BSE.