Ramsarup Inds sees 116% jump in '06-07 net profit

Steel wire maker, Ramsarup Industries Ltd, on Wednesday forecast a 116 per cent jump in 2006-07 net profit to Rs 600 million.

By PTI | Aug 02, 2006, 02.00 PM IST

MUMBAI: Steel wire maker, Ramsarup Industries Ltd, on Wednesday forecast a 116 per cent jump in 2006-07 net profit to Rs 600 million.

Annual net sales are expected to rise 42 per cent to Rs 14.50 billion, the company said in a statement.

Ramsarup had posted a net profit of Rs 278 million on net sales of Rs 10.18 billion last year.

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