Ratnamani Metals, Shah Alloys & Sundram Fasteners Q1 Results

CORPORATE SCORECARD

Ratnamani Metals net up by 125%

Ratnamani Metals and Tubes Limited has registered net profit of Rs 4.06 crore during the first quarter of the current fiscal over Rs 1.80 crore during the corresponding period of the previous fiscal representing growth of 125 per cent.

The income from sale for the company has also risen to Rs 61.49 crore during the period under review compared to Rs 45.50 crore during the corresponding period of the previous fiscal.

Shah Alloys net dips by 77%

Shah Alloys Limited has registered net profit of Rs 10.12 crore during the first quarter of the current fiscal compared to Rs 44.24 crore for the corresponding period of last financial year, representing negetive growth of 77 per cent.

Similarly, the company has posted net sales of Rs 258.10 crore during the period under review over Rs 1134.38 crore during the first quarter of previous fiscal.

Sundram Fasteners net up

Sundram Fasteners announced a net profit of Rs 17.34 crore in the first quarter of 2005-06, higher by 49.8 per cent compared with Rs 11.57 crore seen in the corresponding period of the previous year.

Total sales for the first quarter of 2005-06 was Rs 252.39 crore, higher by 21.2 per cent in relation to the earlier year's total sales of Rs 208.16 crore.