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Ahmedabad-based Ratnamani Metals & Tubes Ltd has reported a 32 per cent increase in income and 37 per cent in profit after tax (PAT) in the first quarter of 2011-12, ended June 30, compared with the corresponding quarter in the previous fiscal year.
While the net sales/income from operations stood at Rs 289 crore (Rs 219 crore), PAT stood at Rs 27 crore (Rs 19 crore), Mr V.C. Bhagat, Company Secretary, said in a statement here.
On Thursday, Ratnamani’s share price on the BSE closed 3.68 per cent up at Rs 100.10.
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