sector: Basic Materials ·
industry: Steel ·
As of
24 Nov 2009
89.65INR
Ramsarup Industries Limited is an India-based company. The Company is a producer of wires and wire products for the infra-power sector. The wires are used in the semi-heavy construction. The Company operates in three business segments: wire and steel products, WTG power, and infrastructure. During the fiscal year ended March 31, 2009, (fiscal 2009) the Company’s total wire production was at 262,808 metric tons (MT). During fiscal 2009, the Company sold 290058 MT of galvanized iron (G.I.) wires, steel wires, thermo-mechanically-treated (TMT) bars, rods, and other iron and steel products.
BRIEF: For the six months ended 30 September 2009, Ramsarup Industries Ltd.'s revenues decreased 15% to RS8.01B. Net income decreased 39% to RS160.1M. Revenues reflect an decrease in income from wires & steel products segments. Net income also reflects an increase in employee costs, higher depreciation expenses, a rise in interest expenses and increased other expenditure. The company is engaged in the business of manufacture of wires and ropes.
Ramsarup Industries Ltd
7 C, Hastings Chambers
1st Floor,
Kiran Shankar Roy Road,
Kolkata 700 001
P: +9133.22421200
F: +9133.22421888