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3 months ago
BRIEF-India's Ramkrishna Forgings March-qtr profit rises
May 19, 2017 / 10:03 AM / 3 months ago

BRIEF-India's Ramkrishna Forgings March-qtr profit rises

May 19 (Reuters) - Ramkrishna Forgings Ltd

* March quarter pat 140.9 million rupees versus 111.1 million rupees year ago

* March quarter total revenue 2.89 billion rupees versus 2.27 billion rupees year ago

* Says appointed Sikander Yadav as CFO

* Recommended dividend of 1 rupee per share

* Says approved raising funds through issuance of shares worth 2 billion rupees

* Says approved increase in foreign investment limits to not exceed 49 percent Source text: (bit.ly/2ryn8ba) Further company coverage:

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