Ratnamani Metals & Tubes reports 21% fall in Q1 consolidated net profit
12th Aug 2020

Ratnamani Metals & Tubes has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 20.79% in its net profit at Rs 49.69 crore for the quarter under review as compared to Rs 62.73 crore for the same quarter in the previous year. Total income of the company decreased by 1.33% at Rs 590.76 crore for Q1FY21 as compared Rs 598.74 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 20.74% in its net profit at Rs 49.71 crore for the quarter under review as compared to Rs 62.72 crore for the same quarter in the previous year. Total income of the company decreased by 1.33% at Rs 590.76 crore for Q1FY21 as compared Rs 598.74 crore for the corresponding quarter previous year.