BS Reporter / Kolkata June 25, 2008, 19:00 IST
Kolkata-based steel wire producer, Ramsarup Industries, has recorded a profit after tax (PAT) of Rs 16.25 crore in the quarter ended March 31, 2008, an increase of 44 per cent over the same period last year, on the back of higher wire and steel product sales. Net sales for the quarter increased 20 per cent to Rs 419.63 crore.
For the year ended March 31, 2008, the company registered a PAT of Rs 59.62 corre , an increase of 36 per cent. Net income was at Rs 1,581 crore, an increase of 21 per cent while exports increased 34 per cent to Rs 95.73 crore.
The earnings per share (EPS) is Rs 33.82 compared to Rs 24.76 last year. The company has recommended a dividend of 20 per cent.
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