During the search operations, the company extended its full co-operation and provided all the information/documents, sought for. The company said it does not see any material impact on its current or future business operations.
On a consolidated basis, the company posted a 26.1% rise in net profit to Rs 71.52 on a 23.4% surge in net sales to Rs 711.70 crore in Q2 FY22 over Q2 FY21.
Ratnamani Metals & Tubes is engaged in providing total piping solutions to a diverse range of industries.
