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Rama Steel Tubes reports consolidated net profit of Rs 2.30 crore in the March 2016 quarter

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Capital Market

Sales rise 62.20% to Rs 81.70 crore

Net profit of Rama Steel Tubes reported to Rs 2.30 crore in the quarter ended March 2016 as against net loss of Rs 1.22 crore during the previous quarter ended March 2015. Sales rose 62.20% to Rs 81.70 crore in the quarter ended March 2016 as against Rs 50.37 crore during the previous quarter ended March 2015.

For the full year,net profit rose 772.46% to Rs 6.02 crore in the year ended March 2016 as against Rs 0.69 crore during the previous year ended March 2015. Sales rose 25.73% to Rs 241.95 crore in the year ended March 2016 as against Rs 192.44 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales81.7050.37 62 241.95192.44 26 OPM %6.890.30 -6.583.39 - PBDT4.54-0.77 LP 11.472.87 300 PBT3.78-1.86 LP 8.630.61 1315 NP2.30-1.22 LP 6.020.69 772

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First Published: May 26 2016 | 5:30 PM IST

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